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James Hardie Industries Plc (ASX:JHX)

ALERT: Price-sensitive ASX Announcement for JHX
Current share price for JHX : $37.270 4.03 (12.12%)+
Announcement
Release
11 Feb 2026 8:05AM
Price at Release
$33.240
Full Release
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Summary
James Hardie Industries Plc announced its financial results for the third quarter of the fiscal year 2026, ending December 31, 2025. The company reported a net sales increase of 30% compared to the previous year, reaching $1,239.8 million, while the net income significantly decreased by 52% to $68.7 million. The operating income also fell by 15%, with an operating margin drop from 21.6% to 14.2%. Despite these declines, the adjusted EBITDA increased by 26% due to improved synergies following the acquisition of AZEK. The company's Siding & Trim segment saw a 10% sales increase, while the Deck, Rail & Accessories segment faced an operating loss. The integration with AZEK is progressing well, surpassing the FY26 cost synergy goals, and setting a target of $125 million in cost synergies. Adjusted net income decreased by 7% to $142.2 million, and the adjusted diluted earnings per share dropped from $0.36 to $0.24. The company remains optimistic about future revenue synergies, driven by effective integration and market response.
Key Points
  • Net sales increased by 30% to $1,239.8 million.
  • Net income decreased by 52% to $68.7 million.
  • Operating income decreased by 15%, with a margin drop to 14.2%.
  • Adjusted EBITDA increased by 26%.
  • Siding & Trim segment sales increased by 10%.
  • Deck, Rail & Accessories segment faced an operating loss.
  • AZEK integration surpassed cost synergy goals.
  • Adjusted net income decreased by 7% to $142.2 million.
  • Adjusted diluted earnings per share decreased from $0.36 to $0.24.
  • Future revenue synergies expected due to integration success.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.