Leaders, whether they are chief executives or footy coaches, love nothing more than to bang on about focusing on the things they can control.
Boral has been doing the right things by both passing through cost increases in the form of higher prices and protecting itself with hedging on diesel and coal prices. Boral says elevated fuel costs are also causing broader supply chain issues, which will persist until the end of the financial year., the reverberations from the energy shock sparked by the Ukraine crisis will last for decades, but the short-term impacts are here and they are real.Boral’s heavy use of coal and diesel gives it a unique exposure to the war, but the speed at which prices are moving and supply chains are being disrupted means many companies will be exposed directly or indirectly.