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How Is James Hardie Navigating a 34% Sales Surge Amid Profitability Pressures?

8:48am on Tuesday 18th of November, 2025 AEDT Building Materials
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How Is James Hardie Navigating a 34% Sales Surge Amid Profitability Pressures?

8:48am on Tuesday 18th of November, 2025 AEDT
Key Points
  • Q2 FY26 net sales surged 34% to $1.29 billion, led by AZEK acquisition
  • Operating income plunged 84% due to acquisition expenses and inventory adjustments
  • Raised FY26 net sales guidance to $2.925–$2.995 billion and adjusted EBITDA to $1.20–$1.25 billion
  • Legacy North America fiber cement and Australia & New Zealand segments faced volume declines
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