James Hardie(US:JHX)2025-11-18 13:00Financial Performance - The company's Q2 FY26 net sales reached $1.292 billion, a 34% increase[46] - Adjusted EBITDA for Q2 FY26 was $330 million, up 25%[46] - The adjusted EBITDA margin was 25.5%, a decrease of 190 basis points[46] - Year-to-date free cash flow was $58 million, a 58% decrease[46] Segment Performance - Siding & Trim (S&T) net sales were $696 million, reflecting a 3% organic decrease[55] - Deck, Rail & Accessories (DR&A) net sales were $256 million, up 6%[61] - Australia & New Zealand (ANZ) sales decreased by low-single digits (LSD%) in local currency to $148 million[63] - Europe net sales increased by low-double digits (LDD%) in local currency to $138 million[67] AZEK Integration and Synergies - The company is on track to achieve $125 million of cost synergies[37] - The company expects to exit FY26 annualizing $60 million+ of cost synergies[39] - The company anticipates over $500 million of commercial synergies through material conversion[41, 44]