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James Hardie Reports Third Quarter FY26 Results
Businesswire· 2026-02-10 21:38
income and Adjusted diluted earnings per shareUS$ Millions, except per share amountsThree and Nine Months Ended December 31Q3 FY26Q3 FY25FY26FY25Net income$68.7$141.7$75.5$380.4Asbestos related expenses and adjustments0.70.92.62.9AICF interest income(2.4)(2.7)(7.4)(8.5)Restructuring, net(24.0)—(24.0)57.3Pre-close financing costs1——46.5—Acquisition related expenses29.4—189.1—Inventory fair value adjustment——47.9—Amortization of intangible assets resulting from AZEK acquisition57.6—106.3—Tax adjustments212.21 ...
James Hardie Announces Timing of Third Quarter FY26 Earnings Release and Conference Call
Businesswire· 2026-01-26 22:00
Core Viewpoint - James Hardie Industries plc will release its financial results for the third quarter of the 2026 fiscal year on February 10, 2026, after market close in the U.S. and before market open in Australia [1]. Group 1 - The company will host a conference call to discuss the results, led by CEO Aaron Erter and CFO Ryan Lada, with a live webcast available on its Investor Relations page [1]. - The financial results release is scheduled for 5 PM EST / 4 PM CST on February 10, 2026, in the U.S., 10 PM GMT in Dublin, and 9 AM AEDT on February 11, 2026, in Australia [5]. Group 2 - James Hardie is a leading provider of exterior home and outdoor living solutions, offering a portfolio that includes fiber cement, fiber gypsum building products, and composite and PVC decking and railing products [2]. - The company's products are designed for beauty, durability, and climate resilience, featuring trusted brands such as Hardie®, TimberTech®, AZEK® Exteriors, Versatex®, fermacell®, and StruXure® [2]. - James Hardie operates globally, marketing and selling its products across North America, Europe, Australia, and New Zealand [2].
James Hardie Announces Key Commercial and Sales Leadership Appointments
Businesswire· 2025-12-08 21:00
Leadership Appointments - James Hardie Industries has appointed Jonathan Skelly as President and General Manager of the North America Building Products Group, effective immediately [1] - John Madson has been appointed Chief Sales Officer of the North America Building Products Group, also effective immediately, and will report to Mr. Skelly [1] - Sean Gadd, the current President of North America, will depart the company on December 12, 2025, to pursue another career opportunity [2] Strategic Focus - The leadership changes aim to strengthen the commercial and sales organizations to support the company's growth momentum [3] - CEO Aaron Erter expressed confidence that Skelly and Madson will enhance the deployment of strategies to create demand across the customer value chain, aiming to outperform the market in the long term [3] Background of New Leaders - Jonathan Skelly has 25 years of experience in general management, sales, customer service, strategy, mergers and acquisitions, and business development, previously serving as President of AZEK Residential [4] - John Madson has over 20 years of sales management experience at James Hardie, most recently as Vice President of Sales for North America, where he focused on growing category and market share [6]
James Hardie Announces Appointment of Nigel Stein as Chair of its Board of Directors
Businesswire· 2025-11-17 21:40
Core Points - James Hardie Industries plc announced the appointment of Nigel Stein as Chair of the Board of Directors, effective November 17, 2025 [1][3] - The company formed an ad-hoc Integration and Performance Committee to oversee the integration of the AZEK business and enhance overall business performance [2] - Nigel Stein emphasized the importance of shareholder engagement and the need for change following feedback from investors [3] Company Leadership - Nigel Stein has extensive experience in the automotive and manufacturing sectors, previously serving as Chairman of Inchcape plc and CEO of GKN Ltd [4][5] - Ryan Lada has been appointed as Chief Financial Officer, succeeding Rachel Wilson, who will remain in an advisory role until March 31, 2026 [12] Business Strategy - The Integration and Performance Committee will be chaired by Jesse Singh and will include key members of the Board, focusing on synergy delivery and business performance [2] - The company aims to enhance shareholder engagement and review remuneration practices to align with performance [3] Company Overview - James Hardie is a leading provider of exterior home and outdoor living solutions, with a diverse portfolio including fiber cement and composite products [6][7] - The company operates globally, marketing its products in North America, Europe, Australia, and New Zealand [7]
James Hardie and Boise Cascade Company Announce Expanded Distribution Partnership
Prnewswire· 2025-10-23 14:00
Core Insights - James Hardie Building Products Inc. has announced an expansion of its product offerings through a new multi-year agreement with Boise Cascade Company, enhancing distribution capabilities in key markets [1][2][3] Company Overview - James Hardie is recognized as the North American leader in fiber cement home siding and exterior design solutions, offering a range of high-performance, low-maintenance products [5] - The company operates with a commitment to quality and safety, employing over 3,700 individuals in North America [5] Partnership Details - The agreement allows Boise Cascade to distribute AZEK® Exteriors and TimberTech® Decking and Railing products in the Pittsburgh, Baltimore, and Washington, D.C. markets, alongside James Hardie's full suite of products [2][3] - This partnership aims to leverage Boise Cascade's extensive distribution network of 39 locations across North America, enhancing access to James Hardie's product portfolio [2][3] Product Portfolio - James Hardie's expanded portfolio now includes TimberTech®, AZEK® Exteriors, Versatex®, and StruXure®, providing a variety of options for homeowners in siding, decking, trim, railing, and pergolas [3] - The introduction of TimberTech® is particularly significant as it marks the first time this leading composite decking brand will be available in the specified markets [3] Strategic Goals - Both companies express a commitment to mutual growth, with James Hardie emphasizing the importance of expanding access to its high-quality products through this partnership [3]