CSR — looking ahead

CSR Annual Report – March 2007

http://www.csr.com.au/investorcentre/reports.asp?id=%7BDB7BB19F%2D9F67%2D479A%2DAA71%2D52F1189E80B0%7D

 

Building Products http://www.csr.com.au/investorcentre/files/report20070331/07%20BuildingProducts.pdf

-           - Australian residential building continued to be weak in the east coast markets, with housing commencements in the year to December 2006 down 5% in New South Wales (where the rate of detached housing construction was at a 35 year low).

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-           - In other market segments, alterations and additions to dwellings rose 4% (measured by the value of work done) and commercial building activity was up 11%.

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-           - The medium-term outlook for the residential building market is positive.

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-           - We are continuing an intensive production and distribution network improvement program to ensure that we optimize the efficiency of our businesses to improve profitability and to be ready for a market upturn.

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-           - CSR is growing in new products and services in existing and adjacent markets. We are increasingly developing our range of product systems that generate substantial benefits in improving the energy efficiency of buildings.

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-           - In Australia, we expect demand for insulation and ventilation systems to grow strongly. Legislative changes requiring improved energy efficiency in new dwellings and commercial buildings are set to drive strong growth in markets for improved insulation and ventilation systems.

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-           - This trend is accelerating also in our large Asian markets.

 

The Year Ahead

-           This year, we will: grow through acquisitions and extending our range of products, including those which provide improved energy effi ciency and sustainability of residential and commercial buildings.

 

 

Sustainability Report

http://www.csr.com.au/investorcentre/files/report20070331/10%20SustainabilityReport.pdf

 

- Last year saw a number of environmental and other initiatives boost our performance as a responsible corporate citizen.

 

- CSR also continued expanding its environmentally responsible products and services, including the production of renewable fuel ethanol and electricity as well as products specifically targeting improved energy efficiency of residential, commercial and industrial buildings.

 

- Climate change and its implications will be integrated into strategic planning processes across CSR. All of our businesses will identify both risks and opportunities which climate change may present.

 

- We are extending our involvement in Greenhouse Challenge Plus – a cooperative partnership between industry and the Australian Government – to all CSR’s operations.