James Hardie has lifted third quarter profit on the back of growth in the US and Europe, but the building products supplier said housing market conditions remain uncertain in its main US market. The company reported a 16 per cent increase in operating profit for the December quarter to $US56.2 million ($A78.58 million) as it increased sales and boosted margins in its fibre cements business in US and Europe. It now expects operating profit between $US240 million and $US250 million, instead of its earlier forecast of $US230 million and $US250 million.
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