Dec 5 (Reuters) - Boral Ltd BLD.AX :
* IDENTIFIED CERTAIN FINANCIAL IRREGULARITIES IN ITS NORTH AMERICAN WINDOWS BUSINESS
* IRREGULARITIES IDENTIFIED INVOLVE MISREPORTING INCLUDING INVENTORY LEVELS, RAW MATERIAL, LABOUR COSTS AT WINDOWS PLANTS
* WITH BOARD MANAGEMENT OVERSIGHT, CONFIDENTIAL INVESTIGATION BEING CONDUCTED BY LAWYERS INTO IRREGULARITIES AT NORTH AMERICAN WINDOWS BUSINESS
* ESTIMATED IRREGULARITIES RELATING TO PERIOD BETWEEN SEPT 2018 AND OCT 2019 TO RESULT IN A ONE-OFF IMPACT ON EBITDA OF US$20 MILLION-US$30 MILLION
* POTENTIAL ONGOING IMPACT ON EARNINGS FROM WINDOWS BUSINESS (BEYOND OCTOBER 2019) IS STILL BEING DETERMINED
* REVIEWING MANAGEMENT, OPERATING PROCEDURES & INTERNAL CONTROL PROCESSES FOR WINDOWS BUSINESS
* LAWYERS CONDUCTING INVESTIGATION HAVE ALSO ENGAGED FORENSIC ACCOUNTANTS TO ASSIST INVESTIGATION INTO WINDOWS BUSINESS Source: Further company coverage: BLD.AX