Welcome to our dedicated page for Armstrong World Inds news (Ticker: AWI), a resource for investors and traders seeking the latest updates and insights on Armstrong World Inds stock.
Armstrong World Industries, Inc. reports developments tied to its Americas business in interior and exterior architectural applications, including ceilings, specialty walls and exterior metal solutions. Company updates commonly address results in Mineral Fiber ceiling systems, Architectural Specialties project activity, average unit value, manufacturing costs, selling investments and operating leverage.
Recurring AWI news also includes quarterly dividends and other capital-allocation actions, conference-call schedules, leadership and legal-function changes, and portfolio expansion through completed acquisitions such as Eventscape. The company’s updates often connect commercial building demand with its mineral fiber, fiberglass, metal and custom architectural products, including ceiling suspension systems associated with the WAVE joint venture.
Armstrong World Industries (AWI) will release its fourth-quarter and full-year 2021 results on Feb. 22, 2022, before market opening. A conference call is scheduled for 10:00 a.m. ET the same day to discuss these results. Interested parties can join the call by dialing (877) 312-9198 for U.S./Canada and (631) 291-4622 internationally, using Conference ID: 2497001. A replay will be accessible on the Investor Relations page of AWI's website, along with additional information.
AWI specializes in innovative ceiling, wall, and suspension system solutions.
Armstrong World Industries, Inc. (AWI) has announced a hybrid Investor Day scheduled for March 3, 2022, at its corporate campus in Lancaster, PA, and available virtually. The event will feature presentations from company leadership discussing business performance and strategy, alongside demonstrations of AWI’s Healthy Spaces, digital, and innovation platforms. The webcast begins at 9 am ET, with a replay available on the company’s Investor Relations page. In 2020, AWI reported $937 million in revenue and operates 15 manufacturing facilities across the Americas.
Armstrong World Industries (AWI) announces the appointment of Austin So as the new senior vice president, general counsel, and secretary, effective February 1, 2022. He succeeds Mark Hershey, who transitioned to senior vice president, Americas. So brings over 20 years of legal experience, having previously worked at StoneMor Inc. and Heraeus Holding GMBH. His role will focus on legal oversight, sustainability, and compliance programs. CEO Vic Grizzle welcomes him as a vital part of advancing AWI’s growth strategy.
Armstrong World Industries (AWI) announced the retirement of Charlie M. Chiappone, senior vice president of Ceilings and Wall Solutions, effective April 1, 2022. In response, Mark A. Hershey and Jill A. Crager will assume new leadership roles starting January 1, 2022. Hershey will manage the Americas regions and retain oversight of Business Development, while Crager will lead Sales Operations and continue her digitalization efforts. AWI, with $937 million in revenue for 2020 and a workforce of approximately 2,800, anticipates continued growth with these strategic appointments.
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Armstrong World Industries (NYSE: AWI) has announced a partnership with 9 Foundations, Inc. (9F), aimed at enhancing indoor environments for better health outcomes. This collaboration, featuring Dr. Joseph G. Allen and his team from Harvard, focuses on innovative ceiling and wall solutions based on healthy building science. The partnership will evaluate health-focused technologies to improve air quality, ventilation, and other crucial factors for indoor environments. AWI, with 2020 revenues of $937 million, aims to lead in the healthy buildings sector.
Armstrong World Industries (NYSE:AWI) reported significant year-over-year growth in Q3 2021, with net sales rising 19% to $292.2 million and adjusted EBITDA up 8% to $99 million. The company effectively managed supply chain disruptions and inflation, benefiting from strong pricing and previous acquisitions. Operating income remained nearly flat at $72.1 million, while adjusted diluted earnings per share increased to $1.17. For the full year, AWI expects net sales to grow by 17% to 18% and adjusted EBITDA by 13% to 15%.
Armstrong World Industries (AWI) announced a 10% increase in its quarterly cash dividend to $0.231 per share, payable on November 18, 2021. This marks the third consecutive annual increase, reflecting the Board's confidence in the company's growth opportunities. With a strong balance sheet and consistent cash flow generation, AWI emphasizes returning cash to shareholders as a priority. Future dividends will depend on the company’s financial position and cash flow.
Armstrong World Industries (AWI) will release its third-quarter 2021 results before the market opens on October 26, 2021. A conference call to discuss these results is scheduled for 10:00 a.m. ET on the same day. Interested participants can join by calling (877) 312-9198 for U.S./Canada and (631) 291-4622 internationally, using Conference ID: 2756896. The call will be available as a replay via webcast on the Investor Relations page of Armstrong's website for a year following the event.
Armstrong World Industries, Inc. (NYSE:AWI) announced the retirement of CFO Brian MacNeal, effective May 1, 2022. Joining in 2014, MacNeal became CFO in 2016 post the spinoff of Armstrong Flooring. A search for his successor will involve both internal and external candidates, with MacNeal helping during the transition. CEO Vic Grizzle praised MacNeal's financial leadership and contributions to the company's growth. Armstrong reported $937 million in revenue for 2020, with a workforce of approximately 2,800 across 15 manufacturing facilities.