Earnings ·
James Hardie Reports Q2 Net Sales of $1.428 Billion and Raises FY27 Free Cash Flow Target to Over $650 Million
JHIUFJames Hardie Industries plc
James Hardie Industries plc reported second-quarter fiscal 2027 net sales from continuing operations of $1.428 billion, a 24% increase year-over-year, driven by strong growth in Siding & Trim and Deck, Rail & Accessories segments. Adjusted EBITDA margin expanded 450 basis points to 31.8%, exceeding guidance. The company reaffirmed its full-year fiscal 2027 net sales and adjusted EBITDA outlook while raising its free cash flow target to more than $650 million, up from previous estimates. Additionally, the firm repaid $111 million of term loan debt during the quarter, helping it reach its FY27 leverage target ahead of schedule. James Hardie Industries plc is a leading provider of exterior home and outdoor living solutions, including fiber cement siding and composite decking products.