James Hardie Ind Aktie

Fitch affirms James Hardie’s long-term issuer default rating at BBB and raises the outlook from negative to stable following the agreed sale of its European business Fermacell to Holcim for around €840m. The transaction implies an EBITDA multiple of 11.5 for FY2026 and is expected to close in H1 2027. Fitch expects net proceeds plus free cash flow to be used for debt repayment, which could reduce adjusted leverage to about 2.5x by end-FY2027; adjusted leverage was 3.9x at end-FY2026 (recently reduced to 3.2x). Fitch sees a path to higher EBITDA margins from assumed cost synergies, but views the loss of geographic diversification as negative. » More on de.investing.com

James Hardie Industries reported revenue of $1.47 billion for the first quarter, driven by organic growth of 20% in its core Siding & Trim business and higher volumes. Adjusted EBITDA amounted to $422 million, with a margin of 28.6%. Management subsequently raised its guidance. » More on finanzen.net

James Hardie reported Q1 net sales of $1.47bn, adjusted EBITDA of $422m and adjusted EPS of $0.36, each above expectations. The drivers were primarily organic growth in the North American fiber cement business and contributions from the AZEK acquisition; Siding & Trim rose organically by 20%. The company raised its full-year guidance for revenue, adjusted EBITDA and free cash flow, but sees risks from cost pressure, seasonal weakness and housing-market uncertainties. The stock reacted moderately positively after hours, trading near the top of its 52-week range. » More on de.investing.com