Adbri Ltd

ABC: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	A$4.10	Nchd	Mptyvgl

Initiating on Adbri. Impact of Imported Materials Reflected in Lower Margins; Shares Are Expensive

Johannes Faul , Esther Holloway

Aug 22, 2023

Business Strategy and Outlook

Adbri’s focuses on operational synergy by vertically integrating the supply of raw materials with production and distribution of construction materials. Additionally, the firm targets operational efficiency, aimed at constantly improving the business’ cost position.

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