JHX News: UPDATE 2-James Hardie profit comes in at lower end of forecast range, shares slip - 17th May 2022, 8:47am

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* FY adjusted profit rises 36%

* Co reaffirms FY adj profit forecast range

* Declares dividend of 30 cents/share

* Shares fall up to 5.1% in early trade (Adds details on earnings, shares, analyst note)

By Jaskiran Singh

May 17 (Reuters) - James Hardie Industries Plc said on Tuesday its annual profit jumped over a third buoyed by strong demand for its fiber cement products in the North American market, but still came in at the lower end of its forecast range, sending shares lower.

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