Simpson Manufacturing Co., Inc. (NYSE: SSD ) has been around since the mid-20th century, strategically becoming a backbone of the construction business. Its bread and butter are the connectors, fasteners, and anchors that make upI focus on producing objective, data-driven research, mostly about small- to mid-cap companies, as these tend to be overlooked by many investors. From time to time, though, I also look at large-cap names, just to give a fuller sense of the broader equity markets.Analyst’s Disclosure ...

Financial Data and Key Metrics Changes - The company's net sales for Q1 2025 were $538.9 million, reflecting a modest growth of 1.6% year over year in a challenging macroeconomic environment [6][19] - Consolidated gross profit increased by 3.1% to $252 million, resulting in a gross margin of 46.8%, up from 46.1% in the prior year [11][20] - Adjusted EBITDA for the first quarter was $121.8 million, an increase of 3.8% year over year, resulting in a margin of 22.6% [14][26] Business Line Data and Key Metrics Changes - North American net sales totaled $420.7 million, up 3.4% from $406.7 million last year, with a contribution of approximately $9 million from acquisitions [6][19] - In the outdoor living category, there was low double-digit growth compared to the prior year, attributed to an expanded product offering and targeted marketing efforts [9] - OEM delivered high single-digit volume growth year over year, with strong sales in mass timber and off-site construction solutions [10] Market Data and Key Metrics Changes - European net sales decreased by 5.1% to $113.9 million, primarily due to unfavorable foreign currency translation effects [10][20] - The company reported that its European business continued to outperform local markets, supported by new applications and customer wins [11] Company Strategy and Development Direction - The company aims to maintain an operating income margin at or above 20% while driving EPS growth ahead of net revenue growth [14][16] - Strategic growth plans include expanding warehouse and manufacturing capacity, with significant investments in facilities in Columbus, Ohio, and Gallatin, Tennessee [28][30] - The company is committed to returning at least 35% of free cash flow to shareholders, reinforcing a balanced approach to capital allocation [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the mid to long-term housing outlook, despite current macroeconomic uncertainties [18] - The outlook for U.S. housing starts is expected to remain flat to up in the low single-digit range from 2024 levels, with growth weighted towards the second half of the year [15][30] - Management noted that customer and employee engagement remains strong, reflecting the success of their strategy to inspire employees and serve customers [17] Other Important Information - The company implemented price increases averaging 8% on certain products to offset rising costs due to tariffs and inflation [12][13] - The effective tax rate for the first quarter was 25.5%, slightly above the prior year period [25] Q&A Session Summary Question: Impact of tariffs and consumer confidence on housing starts outlook - Management indicated that while there is mixed visibility, they expect the first half to be softer than the second half, with hopes for increased interest rate cuts to stimulate the market [35][36] Question: Feedback on price increases amid macro uncertainty - Management noted that they are working hard to communicate the value of their products and have been thoughtful in implementing price increases, not passing through the full tariff impact [40][41][43] Question: Capital allocation priorities and share repurchase strategy - Management confirmed they were active in share repurchases and plan to continue returning capital to shareholders while remaining cautious about significant opportunistic repurchases [46][47] Question: Annualized tariff impact and pricing strategy - Management clarified that the tariff impact is relatively small, and the recent price increase is aimed at managing overall cost increases [51][52][55] Question: Seasonal progression of volumes and demand outlook - Management observed that while Q1 volumes were slightly down year over year, they expect a consistent pickup in demand moving forward [63][65]

Strong Foundation. Stronger Future. Simpson Manufacturing Co., Inc. Investor Presentation April 2025 This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally can be identified by words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," "outlook," "target," ...

Exhibit 99.1 Press Release dated April 28, 2025 Simpson Manufacturing Co., Inc. Announces 2025 First Quarter Financial Results and Reaffirms 2025 Guidance Pleasanton, CA - April 28, 2025: Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced its financial results for the first quarter of 2025. All comparisons below (which are generally indicated by words such as "increased," "decreased," "remained," or "com ...

Net sales of $538.9 million increased 1.6% year-over-year Income from operations of $102.3 million, resulting in operating income margin of 19.0% Net income per diluted share of $1.85 Repurchased $25.0 million in common stockPLEASANTON, Calif., April 28, 2025 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced its financial results for the first quarter of 2025. All comparisons below (whi ...

Core Viewpoint - Simpson Manufacturing Co., Inc. will report its financial results for the first quarter of 2025 on April 28, 2025, at 4:15 p.m. Eastern Time, followed by a conference call at 5:00 p.m. Eastern Time [1][2]. Group 1: Financial Reporting Details - The financial results will cover the period ended March 31, 2025 [1]. - The conference call will be hosted by Michael Olosky, President and CEO, and Matt Dunn, CFO and Treasurer [1]. - The call will be accessible via the Investor Relations section of the Company's website [1]. Group 2: Conference Call Information - The conference call is scheduled for April 28, 2025, at 5:00 p.m. Eastern Time, which is 2:00 p.m. Pacific Time and 4:00 p.m. Central Time [2]. - Dial-in numbers for the call include (877) 407-0792 for U.S. and Canada and (201) 689-8263 for international participants [2]. - A replay of the call will be available starting at 8:00 p.m. Eastern Time on the same day until May 12, 2025 [2]. Group 3: Company Overview - Simpson Manufacturing Co., Inc. is headquartered in Pleasanton, California, and is a leading manufacturer of wood and concrete construction products [3]. - The Company supplies building product solutions primarily to residential and commercial markets in North America and Europe [3]. - The common stock of the Company trades on the New York Stock Exchange under the symbol "SSD" [3].

Product Development and Innovation - The company produced and marketed over 15,000 standard and custom products for wood construction applications, contributing to structural integrity and resistance to seismic, wind, and gravitational forces[21]. - The company developed over 65 new products in 2024, expanding its product offerings significantly[28]. - The company has a commitment to innovation, with extensive product testing capabilities at its state-of-the-art labs[35]. - The company continues to develop new potentially patentable products and enhancements, with a focus on securing intellectual property protection for innovations[40]. - The company is focused on expanding its software solutions to enhance collaboration with building industry partners and improve operational efficiencies[23]. - The company is investing in software development to enhance its offerings in the residential construction industry, but faces risks of obsolescence and competition from specialized software firms[75][77]. - The company is committed to continuous improvement and innovation, leveraging engineering expertise and relationships with builders and contractors[166]. Market Presence and Geographic Operations - The company has established a presence in Europe through the acquisition of ETANCO, significantly increasing its market presence across Europe[19]. - The company serves multiple geographic markets, including North America, Europe, and Asia/Pacific, with operations in various countries[25]. - Revenue from international sales was $591.5 million, accounting for approximately 26.5% of consolidated sales in 2024[86]. - Sales outside of the U.S. accounted for 26.5% of consolidated net sales in 2024[99]. - The North America Segment accounted for approximately 77.8% of the Company's net sales for the fiscal year ended December 31, 2024[41]. Financial Performance and Sales Trends - North America net sales increased by 1.1% to $2.23 billion for the year ended December 31, 2024, compared to $2.21 billion in 2023, driven by higher sales volumes despite product price decreases[175]. - Net sales increased by 1.1% to $2,232.1 million in 2024 from $2,213.8 million in 2023, with North America contributing $1,735.9 million, Europe $479.1 million, and Asia/Pacific $17.2 million[1]. - Operating income decreased by 7.1% to $439.6 million from $473.2 million, impacted by lower gross profits and increased personnel and integration costs[176]. - Gross profit decreased approximately 1.7% to $1.0 billion, with gross margins declining to 46.0% from 47.1% due to higher factory and overhead costs[183]. - The company faced challenges in passing increased costs of raw materials and energy to customers, which could adversely affect financial results[64]. - The company aims for above-market growth relative to U.S. housing starts, targeting an excess of approximately 250 basis points above historical average volume performance in North America[169]. Workforce and Talent Development - As of December 31, 2024, the Company employed approximately 5,872 employees globally, with 3,539 in the Americas, 1,536 in Europe, and 797 in Asia Pacific[43]. - The Company has a commitment to talent development, providing comprehensive global leadership development programs to enhance employee skills and capabilities[46]. - Approximately 18.4% of the Company's employees are represented by labor unions, with collective bargaining agreements in place at various locations[50]. - The Company has a diverse workforce, with women representing 22.0% of all employees and various ethnicities represented among U.S. employees[45]. - The Company’s compensation philosophy emphasizes internal pay equity, ensuring employees are rewarded based on performance regardless of personal characteristics[47]. Risks and Challenges - The company is vulnerable to cyber security risks, which could lead to data breaches and negatively impact profitability and reputation[80]. - Compliance with increasingly stringent environmental, social, and governance regulations poses potential liabilities and could affect the company's reputation and financial condition[70]. - The company may face challenges in renewing software agreements, which could affect access to critical software products[85]. - International operations are subject to various risks, including legal, regulatory, and economic factors that could adversely affect sales and financial results[86]. - Economic conditions, including inflation and interest rate volatility, may negatively impact demand for products and overall financial performance[102]. - Natural disasters could materially affect manufacturing capacity and financial condition, with insurance coverage potentially inadequate[110]. - The company faces risks related to design defects, product recalls, and liability claims that could adversely affect its business and financial condition[112]. - Claims regarding damage to structures incorporating the company's products may require significant time and resources to resolve, potentially impacting financial results[114]. - The company faces risks from governmental corruption and potential violations of the Foreign Corrupt Practices Act, which could lead to significant penalties[89]. Capital and Investment - The Company has made significant investments in production and warehouse capabilities, including a new facility in Gallatin, Tennessee, to enhance manufacturing and delivery[169]. - Capital expenditures for 2025 are estimated to be between $150 million and $170 million, including $75 million for facility expansions[181]. - The company had $388.1 million in borrowings under a term loan facility, with $450.0 million available under a revolving credit facility as of December 31, 2024[1]. - Cash and cash equivalents as of December 31, 2024, were $239.4 million, down from $429.8 million in 2023[1]. Shareholder Returns - The Company paid a total of $46.5 million in cash dividends during 2024 and declared a quarterly cash dividend of $0.28 per share to be paid on April 23, 2025[153]. - Approximately 559 thousand shares of the Company's common stock were repurchased in 2024 for a total amount of $100.0 million[159].

Note: The financial results in this presentation as of and for the fiscal year ended December 31, 2024 are unaudited. This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally can be identified by words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," "out ...

Group 1 - Simpson Manufacturing (NYSE: SSD) announced financial results for the final quarter of the company's 2024 fiscal year after the market closed on February 10th [1] - The focus of the analysis is on cash flow and companies that generate it, highlighting value and growth prospects in the oil and natural gas sector [1] Group 2 - Subscribers have access to a 50+ stock model account and in-depth cash flow analyses of exploration and production (E&P) firms [2] - The service includes live chat discussions about the sector, enhancing community engagement and information sharing [2]

Simpson Manufacturing Co., Inc. (NYSE:SSD) Q4 2024 Earnings Conference Call February 10, 2024 5:00 PM ET Company Participants Kimberly Orlando - Investor Relations, ADDO Investor Relations Michael Olosky - President and Chief Executive Officer Matt Dunn - Director of Finance/CFO Conference Call Participants Daniel Moore - CJS Securities Timothy Wojs - Baird Kurt Yinger - D.A. Davidson Operator Greetings, and welcome to the Simpson Manufacturing Company Fourth Quarter and Full Year 2024 Earnings Conference C ...