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 (JHX) is a global manufacturer of fiber cement building solutions, specializing in durable exterior products for residential construction. This comprehensive news resource provides investors and professionals with essential updates on financial results, product innovations, and strategic initiatives.
Find verified press releases, earnings announcements, and market analysis covering JHX's operations across North America, Australia, and Europe. Our curated selection focuses on material advancements, manufacturing expansions, and sustainability efforts that impact the construction materials sector.
Regular updates include quarterly performance reports, leadership changes, R&D developments in climate-resilient materials, and partnership announcements. Bookmark this page for immediate access to JHX's latest corporate communications and industry-specific insights.
James Hardie Industries (ASX: JHX; NYSE: JHX) announced record financial results for the fiscal year ending March 31, 2024. The company achieved net sales of US$3.9 billion, a 4% increase from the previous year, and adjusted net income of US$707.5 million, up 17%. In the fourth quarter, net sales reached US$1.004 billion, a 9% rise, with adjusted net income of US$174.2 million. The North America Fiber Cement segment saw a 13% increase in net sales, while the Asia Pacific segment reported a 5% rise. The Europe Building Products segment maintained flat net sales but saw a 53% increase in EBIT. James Hardie projects a strong performance for fiscal year 2025, with North American volumes expected to range between 2,950 million to 3,150 million standard feet, and an EBIT margin between 29% to 31%.
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