Simpson(US:SSD)2022-10-19 15:36Investment Highlights - Simpson Manufacturing has returned approximately 64% of its free cash flow to stockholders since 2019, covering the period from January 1, 2019, to June 30, 2022[6, 7] - The company's product availability fill rate in North America is 953%[22] Market Share and Opportunities - Simpson's current share in the wood connectors & truss market is $132 billion, representing 53% of a $25 billion addressable market[25] - In the fasteners market, Simpson has a $489 million share, which is 28% of a $17 billion addressable market[27] - Simpson's share of the concrete market is $267 million, accounting for 21% of a $13 billion addressable market[29] Financial Performance - Simpson Manufacturing's 2021 sales from wood construction were $1361 billion and from concrete construction were $211 million[77] - In 2021, North America accounted for $1363 billion of sales, Europe $197 million, and Asia/Pacific $13 million[78] ETANCO Group Acquisition - The acquisition of ETANCO Group had net sales of approximately €258 million ($291 million) and an operating income margin of 197% for the twelve months ended September 30, 2021[106] - The net purchase price for ETANCO Group was €725 million ($800 million)[106]