SYDNEY & CHICAGO–(BUSINESS WIRE)–Feb 6, 2022–
James Hardie Industries plc (ASX: JHX; NYSE: JHX), the world’s #1 producer and marketer of high-performance fiber cement and fiber gypsum building solutions, announced results for its third quarter fiscal year 2022, the three-month period ending 31 December 2021.
Third Quarter Fiscal Year 2022 Highlights, Compared to Third Quarter Fiscal Year 2021, as Applicable:
- North America Fiber Cement Segment Net Sales increased +24% to US$644.9 million and Adjusted EBIT increased +18% to US$183.3 million, with an Adjusted EBIT margin of 28.4%
- Europe Building Products Segment Net Sales increased +14% to €97.6 million and Adjusted EBIT increased +18% to €10.4 million, with an Adjusted EBIT margin of 10.7%
- Asia Pacific Fiber Cement Segment Net Sales increased +20% to A$196.5 million and Adjusted EBIT increased +17% to A$53.6 million, with an Adjusted EBIT margin of 27.3%
- Global Adjusted EBIT increased +22% to US$204.1 million, with an Adjusted EBIT margin of 22.7%
- Global Net Sales increased +22% on Global Volume growth of +9%, as all three regions continue to deliver on the global strategy of driving high value product mix penetration
In the third quarter, we continued to deliver growth above market and strong returns. As outlined during our investor day in May 2021, we described our three critical strategic…
