Simpson Manufacturing Co., Inc. makes engineered structural connectors and building solutions through subsidiaries including Simpson Strong-Tie. Its product categories include wood construction connectors, truss plates, fastening systems, fasteners and shear walls, as well as concrete construction adhesives, specialty chemicals, mechanical anchors, powder actuated tools and reinforcing fiber materials.
Recurring SSD news covers quarterly and annual financial results, guidance, North America segment performance, housing and construction market conditions, dividends, share repurchases and investor conference participation. Company updates also emphasize demand across residential and commercial markets in North America and Europe.
Simpson Manufacturing Co. (NYSE: SSD), a leader in engineered structural connectors, announced participation in two upcoming virtual investor conferences. CEO Karen Colonias and CFO Brian Magstadt will present at the D.A. Davidson 19th Annual Virtual Diversified Industrials and Services Conference on September 22, 2020, at 4:00 p.m. ET, and at the Sidoti Virtual Investor Conference on September 24, 2020, at 10:45 a.m. ET. Both presentations will be webcast live, and replays will be available on their website for 90 days.
Simpson specializes in wood and concrete construction products.
Simpson Manufacturing Co. (NYSE: SSD) announced its participation in the Jefferies Virtual Industrials Conference on August 5, 2020. President and CEO Karen Colonias and CFO Brian Magstadt will present at 2:25 p.m. ET, engaging in investor meetings throughout the day. The live presentation will be available via the Company’s website, with a replay for 90 days following the event. Simpson, based in Pleasanton, California, specializes in engineered wood and concrete products, enhancing its position in the construction sector.
Simpson Manufacturing Co. reported second-quarter 2020 net sales of $326.1 million, a 7.0% increase year-over-year. The gross margin improved to 45.9%, while income from operations rose 34.6% to $72.2 million. Diluted earnings per share increased 38.6% to $1.22. Despite challenges due to COVID-19, the company is optimistic about continued demand, particularly in North America, and has provided a full-year revenue guidance of a 1.5%-4.0% growth outlook. A dividend of $0.23 per share was declared.
Simpson Manufacturing Co. (NYSE: SSD) will announce its Q2 2020 financial results on July 27, 2020, at 4:15 p.m. ET. A live conference call with CEO Karen Colonias and CFO Brian Magstadt will follow at 5:00 p.m. ET. The call will be available online via the Investor Relations section of the company's website. For those unable to attend, a replay will be accessible until August 10, 2020. Simpson specializes in engineered structural connectors and building solutions, and operates under the ticker SSD.