Carlisle Gains From Business Strength & Buyouts, Risks Persist
Carlisle Companies Incorporated (CSL) has been witnessing solid momentum in the Construction Materials segment, supported by the healthy demand for reroofing products. Strength in the non-residential construction market in the United States and Europe, driven by inventory normalization and growing re-roof activity as a result of pent-up demand, has been driving the segment’s performance. The company expects the segment’s revenues to increase in the mid-single digit in fourth-quarter 2024 from the year-ago p ...