Gibraltar Strategically Shifts Focus to Building Products and Structures Businesses
Board of Directors Approves Plan to Sell Renewables Business
Management to Present at CJS Annual New Ideas Summer Conference
“As part of our ongoing strategic assessment and portfolio evaluation process we assess the overall attractiveness and key drivers of the end markets we are participating in, as well as our ability to extract value and generate returns in each of these end markets. We anticipate a simpler portfolio with the right resources and capital focused on building products and structures markets will yield stronger growth, margin expansion, and cash flow performance which will drive higher returns for our shareholders,” stated Chairman and CEO Bill Bosway. “We have received inquiries, and given our leadership position in the distributive generation market and the strength of our team, we believe this business will be a strong addition for new owners.”
In connection with this plan, the Renewables segment is being reclassified as discontinued operations. Management will update its 2025 outlook and offer complete restated historical results excluding the Renewables segment with its second quarter 2025 report, the timing of which will be announced separately. The Company will provide further comment when they enter into a sale transaction or have otherwise determined that further disclosure is appropriate.
Perella Weinberg Partners has been engaged with
Additionally, Chairman and Chief Executive Officer Bill Bosway and Chief Financial Officer Joe Lovechio are scheduled to meet with investors at the CJS Annual New Ideas Summer Conference on Thursday, July 10, 2025.
Forward-Looking Statements
Certain information set forth in this news release, other than historical statements, contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that are based, in whole or in part, on current expectations, estimates, forecasts, and projections about the Company’s business, and management’s beliefs about future operations, results, and financial position. These statements are not guarantees of future performance and are subject to a number of risk factors, uncertainties, and assumptions. Actual events, performance, or results could differ materially from the anticipated events, performance, or results expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from current expectations include, among other things, challenges in finding a buyer for the Renewables business, difficulty obtaining an acceptable purchase price for the Renewables business, purchasers breaching an agreement with the Company related to the sale, the Company’s ability to successfully shift resources to its remaining businesses, costs and charges incurred by the Company in respect of the sale of the Renewables business, tariffs and retaliatory tariffs imposed by
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Alliance Advisors IR
Jody Burfening/Carolyn Capaccio
(212) 838-3777
rock@allianceadvisors.com
Source: Gibraltar Industries, Inc.