Makes fiber cement siding and boards for homes and buildings, like a durable, fire-resistant alternative to wood or vinyl that's sold across the US, Australia, and Europe.
Money comes from selling construction materials, mainly in North America, with gross margins around 36% and net margins that have dropped from 13% to 2.7% recently, showing thinner profits.
Strong brand and manufacturing know-how in fiber cement, but competition from companies like CertainTeed and Allura is growing, and rising costs are squeezing margins, making the moat eroding.
Key events, in time order
Analysts raise forecasts after better-than-expected results
Preliminary results exceed guidance, driven by strength in Siding & Trim and Deck, Rail & Accessories; no specific figures disclosed.
Q4 net sales of $1.4 billion with adjusted EBITDA of $381 million at 27.1% margin; full year net sales $4.8 billion with adjusted EBITDA $1.3 billion at 26.2% margin
None yet
None yet
James Hardie is selling its European Fermacell business to Holcim for $980 million, a move that could impact its strategic focus and financial performance.
Main discussion
No comments yet.
Facts and opinions separated · All items sourced · Not investment advice
