Welcome to our dedicated page for James Hardie news (Ticker: JHX), a resource for investors and traders seeking the latest updates and insights on James Hardie stock.
James Hardie Industries plc reports on an exterior home and outdoor living products business built around fiber cement, fiber gypsum, composite decking, PVC decking, railing, trim and accessories. Its brands include Hardie®, TimberTech®, AZEK® Exteriors, Versatex®, fermacell® and StruXure®, with products marketed in North America, Europe, Australia and New Zealand.
Recurring company updates cover fiscal-quarter results, segment trends in Siding & Trim and Deck, Rail & Accessories, product innovation, pricing and mix, manufacturing and cost actions, guidance, AZEK integration, and commercial relationships with dealers, contractors and homebuilders. News also includes board and executive appointments for the Irish plc, whose shares trade on the NYSE and ASX under JHX.
James Hardie Industries plc (ASX: JHX; NYSE: JHX) has raised its FY2021 guidance, projecting adjusted NOPAT between US$380 million and US$420 million, up from US$330 million to US$390 million. The company anticipates a 22% increase in Group Adjusted EBIT and NOPAT for Q2 FY2021. All three operating regions—North America, Asia Pacific, and Europe—achieved growth above market, with record quarterly highs expected. Additionally, liquidity is projected at ~US$890 million, marking a ~US$190 million increase since June 2020.