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James Hardie Faces Class Action Over Alleged Disclosure Breaches

James Hardie Industries has been hit with a class action in Victoria alleging breaches of Australian corporate and consumer laws related to its financial forecasts. The company denies wrongdoing and plans a vigorous defence.
Victor Sage
9 June 2026

Market Wrap - Week 21 (18 May -> 22 May) 2026

Battery tech, biotech and balance-sheet repair drove the biggest gains this week, while guidance cuts and weak post-halt trading hurt several names. Deal-making and fresh equity funding stayed busy, especially in rare earths, defence and gold.
Logan Eniac
23 May 2026

James Hardie FY26 Sales Surge 25% on AZEK Acquisition Despite Net Income Drop

James Hardie Industries saw a 25% sales increase in FY26 driven by the AZEK acquisition but reported a 75% net income decline amid acquisition costs and margin pressures. The company expects synergy gains and adjusted EBITDA growth in FY27.
Victor Sage
20 May 2026

James Hardie Q3 Sales Surge 30% on AZEK Deal, But Operating Income Slips

James Hardie Industries reported a robust 30% jump in Q3 FY26 net sales, driven by the AZEK acquisition and growth in key regions, while operating income declined amid integration costs and market softness.
Victor Sage
11 Feb 2026

James Hardie to Close Two Plants, Unlocking $25M Annual Savings from FY27

James Hardie Industries is set to close its Fontana and Summerville manufacturing plants, consolidating production to boost efficiency and cut costs by $25 million annually starting next fiscal year.
Victor Sage
16 Jan 2026

James Hardie Taps Ryan Lada as New CFO Amid Transition

James Hardie Industries has appointed Ryan Lada as its new Chief Financial Officer, succeeding Rachel Wilson who will remain as an advisor during the transition. The move comes alongside the company’s Q2 FY26 results announcement.
Victor Sage
18 Nov 2025

James Hardie Names Nigel Stein Chair, Launches Integration Committee Amid Growth Push

James Hardie Industries has appointed Nigel Stein as the new Chair of its Board and established an Integration and Performance Committee to oversee the AZEK acquisition integration and enhance shareholder engagement.
Victor Sage
18 Nov 2025

James Hardie Boosts FY26 Outlook Amid AZEK Integration Challenges

James Hardie Industries reports a 34% jump in Q2 FY26 net sales driven by the AZEK acquisition and European growth, while grappling with margin pressures and integration costs.
Victor Sage
18 Nov 2025

ASX Demands Answers as James Hardie Shares Plunge Amid Unexplained Surge in Trading

James Hardie Industries faces intense scrutiny from the ASX after its share price dropped sharply and trading volumes spiked, prompting urgent questions about undisclosed information.
Victor Sage
6 Nov 2025

James Hardie Board Shifts as Growth Strategy Gains Momentum Post-AZEK

James Hardie confirms key board changes and underscores its commitment to shareholder value amid strong integration progress with AZEK.
Victor Sage
30 Oct 2025

James Hardie’s Q2 Beats Expectations, Signals Brighter Siding & Trim Future

James Hardie Industries has reported preliminary Q2 FY26 results that surpass expectations, driven by resilient Siding & Trim sales and steady progress integrating AZEK. The company hints at a modestly improved outlook heading into the full fiscal year.
Victor Sage
8 Oct 2025

James Hardie Aligns Q1 Earnings with Market, Revises FY26 Guidance After AZEK Deal

James Hardie Industries confirms its Q1 FY26 earnings met market expectations despite a challenging North American housing market, while revising its FY26 guidance following the AZEK acquisition.
Victor Sage
27 Aug 2025