James Hardie Industries plc 8K

James Hardie Industries plc reported stronger-than-expected Q1 FY27 results and raised its full-year FY27 outlook, driven by organic growth and synergies from the AZEK acquisition, while revising non-GAAP definitions and reaffirming free cash flow and deleveraging targets.

On August 6, 2026, James Hardie Industries plc reported its financial results for the first quarter of fiscal year 2027 ended June 30, 2026, highlighted by a 64% year-over-year increase in net sales to $1.475 billion, a 67% increase in net income to $104 million, and Adjusted EBITDA of $422 million, all ahead of prior guidance. The Company attributed performance to strong organic growth in North American fiber cement within the Siding & Trim segment, cost and revenue synergies from the AZEK acquisition, and double-digit revenue growth in Europe and Australia/New Zealand, while noting planned production reductions and inventory normalization in the Deck, Rail & Accessories segment. Management raised its full-year FY27 outlook, now targeting total pro forma net sales of $5.564–$5.723 billion, total Adjusted EBITDA of $1.536–$1.625 billion, and at least $500 million of free cash flow, reaffirmed its deleveraging goals, and disclosed a change in the definitions of certain non-GAAP measures to exclude share-based compensation, with prior periods recast accordingly. The release also provided segment-level results, updated guidance for second-quarter FY27, details on cash flow and capital allocation priorities, expected cost savings from previously announced plant closures, and information about an upcoming Investor Day in New York on September 15, 2026.

Filing Facts

CIK

1159152

Ticker

-

Form

8K

Source Type

sec

Accession

0001628280-26-054382

Alert Tier

7