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Janus International Group Inc (JBI) provides essential updates for stakeholders in the self-storage and industrial solutions sectors. This page aggregates official press releases, financial disclosures, and strategic announcements directly from the company.
Access real-time information on product innovations, quarterly earnings, and operational milestones. Investors will find critical updates on facility automation developments, while industry professionals can track JBI's expansion in North American and international markets.
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Janus International Group (NYSE: JBI) has announced that it will release its first quarter 2023 financial results on May 11, 2023, before market opening. A conference call and webcast will follow at 10:00 a.m. ET for results review and a Q&A session. Investors can access the live webcast and archived replay via the Janus website. For those unable to join online, a conference call can be accessed by dialing 1-877-407-0789 domestically or 1-201-689-8562 internationally. Replay options will also be available. Janus International specializes in innovative access control technologies and building solutions for self-storage and industrial sectors, operating from multiple U.S. locations and internationally.
Janus International Group (NYSE: JBI) has announced the payment of $50 million in debt, utilizing cash reserves to reduce its first lien term loan facility. This strategic move is aimed at lowering interest expenses and sustaining net leverage within the targeted range of two to three times net debt-to-trailing twelve month Adjusted EBITDA. CFO Anselm Wong highlighted the company's ongoing strong cash flow that facilitates capital deployment. Janus specializes in manufacturing solutions for the self-storage industry, with a global presence in several U.S. locations and six international sites.
Janus International Group (NYSE: JBI) reported a remarkable 35.9% revenue growth for full-year 2022, reaching $1.0 billion, bolstered by a 28.4% organic improvement. Net income soared to $107.7 million with EPS of $0.73. The company achieved a significant 53.1% increase in adjusted EBITDA to $226.9 million. The balance sheet was strengthened, with net leverage reduced by 1.6x to 2.8x. For 2023, Janus forecasts revenue between $1.05 billion and $1.07 billion and adjusted EBITDA of $250 million to $275 million. The outlook suggests sustained organic growth and margin expansion, supported by a strong cash flow foundation.
Janus International Group (NYSE: JBI) announced its upcoming release of fourth quarter and full year 2022 financial results on March 16, 2023, prior to market opening. A webcast and conference call will occur at 10:00 a.m. Eastern time that same day, focusing on financial outcomes and the company's long-term strategy. Executives will highlight revenue growth, margin expansion, and capital allocation targets. Access to the live webcast and recorded replay will be available on www.janusintl.com. Interested parties can join the conference call via designated dial-ins for domestic and international participants.
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