James Hardie Industries reported first-quarter results above its original guidance, with total net sales rising 64% to $1.47 billion and adjusted EBITDA reaching $422 million. Adjusted earnings per share increased 13% year over year to $0.36. Fiber cement drove growth, as Siding & Trim sales rose 34% to $859.8 million, including 20% organic growth, while Deck, Rail & Accessories sales declined 5% to $305.1 million due to planned channel-inventory normalization. The company raised its fiscal 2027 outlook, now projecting sales of $5.564 billion to $5.723 billion and adjusted EBITDA of $1.536 billion to $1.625 billion, with free cash flow expected to exceed $500 million. James Hardie also announced an expanded national distribution partnership with Boise Cascade and expanded relationships with six regional distributors, which management said should support commercial revenue synergies.
Boise Cascad LlcExpanded national distribution partnership with James Hardie, supporting commercial revenue synergies.
James Hardie Industries PLC ADR