Welcome to our dedicated page for Azek Co news (Ticker: AZEK), a resource for investors and traders seeking the latest updates and insights on Azek Co stock.
The AZEK Company Inc. (NYSE: AZEK) delivers innovative, sustainable building solutions for residential and commercial markets through its low-maintenance outdoor living products and engineered commercial systems. This page provides centralized access to official announcements, financial disclosures and strategic developments from the industry leader in eco-conscious construction materials.
Investors and industry professionals will find curated updates including quarterly earnings reports, product innovation announcements, leadership changes and sustainability initiatives. All content is sourced directly from company filings and verified news partners to ensure accuracy.
Key coverage areas include decking/railing developments, commercial product launches, material science advancements and ESG progress. Regular updates reflect AZEK's position at the intersection of design innovation and environmental responsibility within the building products sector.
Bookmark this page for real-time access to AZEK's evolving story. Combine our news feed with SEC filings and market analysis tools for comprehensive investment research.
AZEK announced a leadership transition as Peter Clifford resigns from his positions as SVP, Chief Operations Officer and CFO to pursue an opportunity outside the building products industry. Ryan Lada, current VP and CFO of the Residential Segment, will be promoted to SVP, CFO and Treasurer, while Matthew Wiora, VP Corporate Controller, will become Chief Accounting Officer, both effective January 24, 2025.
Lada joined AZEK in July 2022 and brings over 15 years of global finance experience. Wiora, who joined in June 2022, is a licensed CPA with more than 15 years of experience in accounting and finance with public companies. CEO Jesse Singh expressed confidence in both appointments, highlighting their proven leadership and understanding of AZEK's operations.
The company emphasized its commitment to continuing its strategic initiatives, focusing on innovation, market leadership, and sustainable growth and margin expansion.
TimberTech, a brand of The AZEK Company (NYSE: AZEK), has been named one of Fast Company's 2024 Brands That Matter in the Benchmark Brands category. The recognition highlights TimberTech's success in marketing innovative decking and railing products that connect with consumers emotionally and culturally.
The company offers premium composite decking made from 65% to 85% recycled waste and scrap materials, providing a sustainable alternative to traditional wood decking. With their tagline 'Everything Wood Should Be,' TimberTech combines natural wood aesthetics with advanced technology to deliver low-maintenance, durable outdoor living solutions.
The selection process by Fast Company evaluated applications based on emotional resonance, cultural significance, timeliness, clarity, and originality. This recognition validates TimberTech's position as a lifestyle brand that transforms outdoor living spaces while maintaining environmental responsibility.
AZEK Company, a leading manufacturer of outdoor living products, announced its participation in the UBS Global Industrials and Transportation Conference. Peter Clifford, SVP, COO and CFO, will present on Tuesday, December 3, 2024, at 1:00pm ET in Manalapan, Florida. The presentation will be broadcast live through the company's website at investors.azekco.com.
Interested parties should access the 'Investors' section 15 minutes before the presentation to register and download necessary audio software. A replay will be available post-conference for a time. AZEK specializes in TimberTech® Decking and Railing, Versatex® and AZEK Trim®, and StruXure® pergolas.
AZEK reported strong fiscal 2024 results with record Residential net sales of $1.37 billion, up 12% year-over-year. The company's net income increased 146% to $153 million, with net profit margin expanding by 600 basis points to 10.6%. Adjusted EBITDA grew 34% to $379 million, with margin expansion of 560 basis points to 26.3%. For fiscal 2025, AZEK expects consolidated net sales between $1.51-$1.54 billion (5-7% growth) and Adjusted EBITDA of $400-$415 million (5-9% growth). The company generated $224 million in operating cash flow and returned $243 million to shareholders through share repurchases.
The AZEK Company (NYSE: AZEK) has announced a strategic distribution partnership with Capital Lumber Company to expand its market presence in the Western United States. Capital Lumber will distribute AZEK's product portfolio, including TimberTech® decking, AZEK Exteriors, and Intex® solutions, through its 10 locations across eight states: Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah, and Washington. The partnership aims to enhance product accessibility and includes Capital's participation in AZEK's FULL-CIRCLE PVC Recycling® program to support sustainability initiatives.
The AZEK Company has been recognized as a Top Workplace by the Chicago Tribune for the fourth consecutive year. The recognition is based on anonymous surveys of Chicago-area employees, evaluating aspects such as respect, support, growth opportunities, and empowerment. Sandra Lamartine, Chief Human Resources Officer, emphasized the company's commitment to fostering an inclusive and dynamic work environment where employees feel valued and inspired. The company, which manufactures TimberTech® Decking, Versatex® and AZEK® Trim, and StruXure® pergolas, attributes this achievement to its focus on workplace culture, collaboration, and sustainability.
StruXure, part of The AZEK Company (NYSE: AZEK), announces five new products for 2025: StruXure Sound (integrated audio system), StruXure Heat (heating solutions), StruXure Screens (customizable privacy), StruXure+ App (centralized control), and Evolve (next-generation Pergola X system). The Evolve system features improved durability, enhanced cable management, and uses up to 50% recycled aluminum. These innovations aim to enhance outdoor living experiences while maintaining environmental sustainability. The StruXure+ App allows users to control multiple features and create personalized settings for different occasions.
The AZEK Company announces new product innovations for 2025, including Reliance Rail, Fulton Rail, and TrimLogic. Reliance Rail is a premium vinyl railing with recycled PVC core, while Fulton Rail features galvanized steel construction. TrimLogic, made with up to 95% recycled PVC material, targets the sub-premium exterior trim market. The company also introduces the Harvest+ Collection of Advanced PVC decking, new lighting innovations, and the Alpine Collection for exterior ceilings. These launches aim to provide contractors and homeowners with durable, sustainable alternatives to traditional wood across various outdoor applications.
The AZEK Company (NYSE: AZEK), a manufacturer of outdoor living products including TimberTech® Decking and Railing, Versatex® and AZEK® Trim, and StruXure® pergolas, has announced its upcoming fiscal fourth quarter and full-year 2024 earnings release. The results will be disclosed after market close on November 19, 2024, followed by a conference call at 4:00 p.m. (CT). Investors can access the call through pre-registration or listen to the webcast on AZEK's Investor Relations website. A replay will be available until December 3, 2024.
The AZEK Company, a leading manufacturer of outdoor living products, announced its participation in the Baird 2024 Global Industrial Conference. Jonathan Skelly, President of Residential and Commercial, will present on Tuesday, November 12, 2024, at 7:55am CT in Chicago. The presentation will be broadcast live through the company's website, with replay available afterward.
Interested parties can access the presentation through investors.azekco.com, and should register at least 15 minutes before the broadcast to download necessary audio software. AZEK is known for products including TimberTech® Decking and Railing, Versatex® and AZEK Trim®, and StruXure® pergolas.
FAQ
What is the current stock price of Azek Co (AZEK)?
What is the market cap of Azek Co (AZEK)?
