Asbestos Litigation Liability: The company faces ongoing significant liabilities related to asbestos-containing products manufactured in the past, which could lead to substantial legal costs and settlements impacting financial performance.

Cyclical Housing Market Dependence: Revenue and profitability are highly sensitive to economic conditions, particularly fluctuations in residential construction activity and housing market trends in key operating regions like North America and Australia.

Raw Material Cost Volatility: The cost and availability of essential raw materials, such as cement, wood fiber, and other additives, can fluctuate significantly, impacting manufacturing costs and gross margins if price increases cannot be passed on to customers.