earnings
confidence high
sentiment positive
materiality 0.80
James Hardie Q1 FY27 net sales $1.475B (+64% YoY); raises FY27 outlook, targets $500M+ FCF
James Hardie Industries plc
- Net sales $1.475B, up 64% YoY; pro forma net sales up 12%, exceeding original guidance.
- Siding & Trim net sales $860M; North American fiber cement up 20% organically.
- Net income $104M; adjusted EBITDA $422M, exceeding original guidance.
- Raising FY27 outlook: targeting pro forma sales growth 5.9-9.0% and pro forma adjusted EBITDA growth 7.4-13.7%.
- FY27 free cash flow target of $500M+ reaffirmed, up >$200M YoY.