Brickworks Building Products shows support for cancer research; reports strong earnings in full year results
Brickworks Building Products has implemented a fundraising initiative to help the Children’s Cancer Institute Australia (CCIA) in its National Childhood Cancer Awareness Month.
Brickworks Building Products has started ‘Round Up’, a project which would enable its customers to make a donation to CCIA by rounding up the value of their product order. Brickworks has also put up two billboards to help raise funds and promote awareness throughout the month of September, according to a feature on Infolink.
The company has been an active supporter of CCIA in its childhood cancer research, with a series of sponsorships and fundraising programs spanning over a decade, through the direction of Brickworks Managing Director Mr. Lindsay Partridge AM who was appointed a director of the CCIA board in 2012.
Brickworks General Marketing Manager Brett Ward says these initiatives are part of their company’s continuous commitment to CCIA, whose work has a huge impact on the lives of sick children and their families.
The brick manufacturer has raised almost half a million dollars to date in donations which have been used to purchase cutting-edge equipment, fund scientists’ salaries and laboratory materials, all for the advancement of research which hopes to develop safer treatments, more effective diagnoses and eventually a cure for the disease.
Brickworks Building Products is a division of Brickworks Limited, Australia’s largest brick and tile maker.
On Thursday the company released its full year results ending 31 July 2013 in which it reported a net profit of $100 million from $78.9 million in the previous year.
In an ASX statement Mr. Partridge said the improvement in the earnings of the Building Products Group was achieved through strong price increases and cost reduction initiatives. This was despite the ongoing challenge brought about by difficult market conditions and cost increases, including the carbon tax.
Looking forward Partridge says they remain optimistic in the coming year but they will continue to focus on cost reduction and business improvement strategies to boost their margins while still battling the tough economic conditions.