Welcome to our dedicated page for Carlisle news (Ticker: CSL), a resource for investors and traders seeking the latest updates and insights on Carlisle stock.
Carlisle Companies Incorporated (NYSE: CSL) is a supplier of building envelope products and solutions for more energy efficient buildings, and its news flow reflects this focus on building products, capital allocation, and long-term strategy. Through its Carlisle Construction Materials (CCM) and Carlisle Weatherproofing Technologies (CWT) businesses, the company reports on developments in commercial roofing, weatherproofing technologies, and building envelope systems.
News about Carlisle often includes quarterly financial results, where the company discusses revenue, margins, and performance by segment. These updates highlight trends in commercial re-roofing, new construction markets, and the impact of acquisitions within its building products portfolio. Investors can follow how CCM and CWT contribute to overall results and how market conditions in commercial and residential construction affect the business.
Carlisle also issues announcements on capital allocation decisions, such as regular quarterly dividends, dividend increases, and share repurchase authorizations approved by its Board of Directors. These releases provide insight into the company’s stated commitment to generating superior shareholder returns through a balanced approach that includes investments, acquisitions, share repurchases, and dividends.
Additional news items cover leadership appointments, such as changes in segment leadership, and financing activities, including public offerings of senior notes and related agreements. Together, these updates give a view into Carlisle’s strategic priorities, governance, and financial structure.
This CSL news page aggregates these company-specific developments so readers can follow earnings announcements, capital markets transactions, dividend declarations, share repurchase programs, and key management changes related to Carlisle’s building envelope and construction materials businesses.
Summary not available.
Carlisle Companies (NYSE: CSL) announced the promotion of Kelly P. Kamienski to Vice President and Controller, and Titus B. Ball to Vice President, Finance for Carlisle Fluid Technologies. Chairman Chris Koch highlighted their exceptional contributions and potential for further growth as part of Carlisle's Vision 2025 strategy. Kamienski, with a strong background in accounting, will enhance financial reporting and controls, while Ball brings a decade of experience to drive progress toward a 20% long-term margin goal in his segment.
Carlisle Companies (NYSE:CSL) reported fourth quarter 2020 revenues of $1.1 billion, a 7% decline from 2019. CCM's sales rose 0.9%, showing positive growth driven by commercial roofing. Operating cash flow remained strong at $697 million with free cash flow at $601 million, akin to 2019 levels. Despite challenging market conditions, the company executed share repurchases of 3 million shares for $382 million in the year. Operating income fell 20.9% to $111.8 million, impacted by volume declines. Looking ahead, Carlisle remains optimistic about growth opportunities in 2021, targeting $15 EPS under their Vision 2025.
The Board of Directors of Carlisle Companies Incorporated (NYSE:CSL) has declared a dividend of $0.525 per share. This dividend is payable on March 1, 2021 to shareholders of record as of February 19, 2021. Carlisle, a global leader in manufacturing engineered products across diverse sectors, generated approximately $4.8 billion in revenue in 2019. The company is focused on delivering superior shareholder returns through its Vision 2025 strategy.
The Board of Directors of Carlisle Companies (NYSE:CSL) announced a new share repurchase program, allowing the buyback of up to 5 million shares of common stock. This program is set to run indefinitely or until terminated by the Board. This authorization supplements the remaining 2 million shares from a previous buyback plan initiated in February 2019. The repurchased shares will be acquired from the open market at prevailing prices or through negotiated transactions.
Carlisle Companies (NYSE:CSL) will announce its fourth quarter 2020 results on February 4, 2021, after market close. A conference call to discuss these results is scheduled for the same day at 5 PM ET, accessible via telephone or webcast. The call aims to provide insights into the company’s financial performance, aligning with its strategic plan, Vision 2025, which focuses on delivering superior shareholder returns. Carlisle generated $4.8 billion in revenues in 2019 and operates in various markets, including commercial roofing and medical technologies.
Carlisle Companies (NYSE:CSL) announces the promotion of Lori A. Snyder to Vice President of Human Resources and the relocation of Amelia Z. Murillo to a senior finance position. Chris Koch, CEO, praised Lori's proven leadership at Carlisle Construction Materials and expressed confidence in her ability to enhance HR practices. Amelia, who previously led talent management, will further her career development in finance. These changes align with Carlisle's Vision 2025 objectives, emphasizing the company's commitment to nurturing internal talent for operational excellence.
Summary not available.
Carlisle Companies (NYSE:CSL) reported its third quarter 2020 results with revenues of $1.13 billion, down 12% year-over-year. Key highlights include an operating margin of 22% for the Construction Materials segment, despite an overall sales decline of 8%. EPS was at $1.87, which included $0.08 related to restructuring and COVID-19 costs. The company repurchased 1.2 million shares for $150 million and raised its dividend by 5%, marking the 44th consecutive year of increases. Optimism is noted for recovery in the aerospace sector and continued cash flow generation, with $719 million cash on hand.
Carlisle Companies Incorporated (NYSE:CSL) will report its third quarter 2020 results on October 20, 2020, after market close. A conference call is scheduled for the same day at 5 PM ET, accessible via webcast and telephone. Domestic investors can dial 833-968-1983, while international callers can reach 647-689-6933. The Company emphasizes its robust strategy, Vision 2025, focusing on superior shareholder returns. In 2019, Carlisle generated revenues of $4.8 billion, servicing diverse markets including roofing, aerospace, and construction.
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