James Hardie Industries reports positive Q2, 2023 results

By James Hardie Industries plc
Business Wire
November 7, 2022
Category: Finance & Economics
Region: United States, International

SYDNEY & CHICAGO — James Hardie Industries, producer of fiber cement and fiber gypsum building solutions, announced results for its Q2 fiscal year 2023, the three-month period ending 30 September 2022. North America Fiber Cement Segment Net Sales increased +18% to US$750.6 million and EBIT increased +17% to US$212.8 million, with an EBIT margin of 28.4%. …Global Adjusted EBIT increased +6% to US$218.5 million, with an Adjusted EBIT margin of 21.9%. Global Net Sales increased +10% on flat Global Volume, as all three regions continue to deliver on the global strategy of delivering value added solutions to our customers. …CEO Aaron Erter said, “The team’s performance is reflected in strong Price/Mix growth in all three regions, including North America Price/Mix growth of +14%, Asia Pacific Price/Mix growth of +11% and Europe Price/Mix growth of +12%.

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