Core Viewpoint - James Hardie expands its strategic agreement with CBUSA, enhancing access to preferred products for custom builders [1] Group 1: Company Overview - James Hardie is a leader in exterior design solutions in North America [1] - The company has a long-standing relationship with CBUSA, the largest group purchasing organization for custom home builders in the U.S. [1] Group 2: Agreement Details - The new three-year exclusive deal will benefit CBUSA's network of nearly 1,000 custom builders [1] - Builders will gain access to preferred products, including TimberTech®, the top brand in premium composite and PVC decking and railing solutions [1]

Core Insights - James Hardie reported a 30% increase in net sales for Q3 FY26, reaching $1.2 billion, with organic net sales growing by 1% [1] - The company achieved an operating income of $176 million and an adjusted EBITDA of $330 million [1] - Integration and cost synergies from the AZEK acquisition are ahead of schedule, with a target of $125 million in synergies [1] Financial Performance - Q3 FY26 net sales were $1,239.8 million, up 30% from $953.3 million in Q3 FY25 [2] - Operating income decreased by 15% to $176.2 million, with an operating income margin of 14.2%, down 740 basis points year-over-year [2] - Adjusted EBITDA increased by 26% to $329.9 million, with an adjusted EBITDA margin of 26.6%, a decrease of 90 basis points from the previous year [2] Segment Performance - Siding & Trim segment net sales increased by 10% to $788.3 million, but organic net sales declined by 2% due to lower volumes [2] - Deck, Rail & Accessories segment net sales rose by 2% to $194.1 million, with adjusted EBITDA margin at 25.1% [2] - Australia & New Zealand segment net sales grew by 7% to $126.5 million, while Europe segment net sales increased by 13% to $130.9 million [2] Strategic Initiatives - The company is focusing on four core growth strategies in the Siding & Trim segment: installation efficiency, product innovation, deeper new construction penetration, and repair & remodel focus [1] - The integration with AZEK is expected to drive meaningful revenue synergies in FY27 and beyond [1] - James Hardie is committed to recycling initiatives and improved absorption across its manufacturing network to enhance margins in the Deck, Rail & Accessories segment [2] Guidance and Outlook - For FY26, the company expects total adjusted EBITDA to be between $1.232 billion and $1.263 billion, an increase from previous guidance [2] - Free cash flow is projected to be at least $200 million, unchanged from prior estimates [2] - The company anticipates that market conditions will remain mixed in the near term, but channel inventories have normalized [2]

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].

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]

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]

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]

Core Viewpoint - James Hardie Industries plc has appointed Samara Toole as Chief Marketing Officer to enhance its marketing strategy across its brand portfolio [1] Group 1: Appointment Details - Samara Toole will be part of the executive leadership team [1] - Toole will lead marketing strategy and execution for the James Hardie®, TimberTech®, and AZEK Exteriors® brands [1]