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Earnings Call Summary | James Hardie Industries(JHX.US) Q4 2024 Earnings Conference

Futu News ·  May 22 07:19  · Conference Call

The following is a summary of the James Hardie Industries Plc (JHX) Q4 2024 Earnings Call Transcript:

Financial Performance:

  • James Hardie Industries saw an increase in global net sales to nearly $4 billion in FY 2024.

  • Adjusted net income rose significantly by 17%, a record at $708 million.

  • Another record was seen with operating cash flow, with a 50% increase from last year to $914 million.

  • Sales in Q4 amounted to over $1 billion, with a 9% rise.

  • The company forecasts ranges for Q1 FY 2025 and FY 2025 expectations that include North America volumes, North America EBIT margins, and global adjusted net income.

  • There's a positive trend in average selling price, indicating a promising future.

Business Progress:

  • James Hardie Industries delivered a North American volume exceeding 3 billion standard feet and maintains its competitive market position.

  • The company is preparing for future growth with investments ranging from $500 million to $550 million for FY '25.

  • Aiming for a PDG in FY '25 of at least 4%, the company continues to invest in strategic partnerships and product innovation.

  • Expecting input cost increases and competitive pressures, James Hardie Industries remains confident in its strategies and value proposition.

  • Investments are centered on areas like CapEx, demand generation, and system/tools/process upgrades to drive long-term growth and promote market share gains.

More details: James Hardie Industries IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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