Armstrong World Industries(US:AWI)2025-04-29 14:12Financial Performance - Q1 2025 - Net sales increased by 17% year-over-year to $382.7 million[9] - Adjusted EBITDA rose by 16% year-over-year to $129 million[9] - Adjusted diluted earnings per share (EPS) increased by 20% year-over-year to $1.66[9] - Adjusted free cash flow increased by 10% year-over-year to $48 million[9] Segment Performance - Q1 2025 - Mineral Fiber (MF) segment adjusted EBITDA increased by 7%[11] - Architectural Specialties (AS) segment adjusted EBITDA increased significantly by 94%[11] - AS organic sales grew by 11%[25] Margin Analysis - Q1 2025 - Total company adjusted EBITDA margin was 33.6%[9] - AWI Organic Adjusted EBITDA margin expanded by 170bps[11] - Mineral Fiber adjusted EBITDA margin expanded by 180bps to 43.0%[11, 20] - Architectural Specialties organic adjusted EBITDA margin expanded by 290bps to 16.9%[11] Full Year 2025 Guidance - The company reaffirmed its full-year 2025 guidance, expecting net sales to grow by 9% to 11%, reaching $1.57 billion to $1.61 billion[12, 33] - Adjusted EBITDA is expected to grow by 8% to 12%, reaching $525 million to $545 million[12, 33] - Adjusted diluted EPS is expected to grow by 9% to 13%, reaching $6.85 to $7.15[12, 33]