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James Hardie Industries Plc (ASX:JHX)

ALERT: Price-sensitive ASX Announcement for JHX
Current share price for JHX : $35.050 8.27 (30.88%)+
Announcement
Release
20 May 2026 7:30AM
Price at Release
$26.780
Full Release
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Summary
James Hardie Industries Plc reported its Q4 FY26 financial results showing a significant impact from the AZEK acquisition which helped offset market softness in North America. The company achieved net sales of $1,404 million, an increase of 45% compared to the previous year, and an adjusted EBITDA of $381 million, up by 42%. However, the adjusted EBITDA margin decreased slightly to 27.1%. The report highlights that the Siding & Trim segment's sales were up by 7%, driven mostly by AZEK contributions, while organic sales declined by 7% due to softer market demand. The Australia & New Zealand segment saw a net sales increase of 18%, while Europe benefitted from fiber gypsum volume growth. James Hardie is focusing on cost control, pricing discipline, and providing exceptional products amid inflationary pressures. The company expects continued growth in FY27, with a focus on synergy realization, improved manufacturing costs, and maintaining disciplined capital allocation.
Key Points
  • Net sales increased by 45% to $1,404 million.
  • Adjusted EBITDA was $381 million, up 42%.
  • AZEK acquisition significantly contributed to financial performance.
  • Siding & Trim segment sales increased by 7%, but organic sales declined 7%.
  • Australia & New Zealand segment saw an 18% increase in net sales.
  • Europe segment benefited from fiber gypsum volume growth.
  • James Hardie is focusing on cost control and pricing discipline amid inflation.
  • FY27 outlook includes continued growth with a focus on synergies and cost improvements.
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.