Latest James Hardie Industries Plc (Asx:Jhx) News

James Hardie Industries plc reported a slight dip in FY25 sales and profits but met guidance, while announcing a transformative acquisition of The AZEK Company Inc to accelerate growth and synergies.

James Hardie has released its financial results for the fourth quarter and full year ended March 31, 2025, accompanied by a suite of detailed reports filed with both the ASX and SEC.

James Hardie Industries plc has entered a definitive merger agreement to acquire The AZEK Company Inc. in a $7.8 billion deal, creating a combined leader in outdoor living and home exteriors. The transaction, expected to close in the second half of 2025, will see AZEK stockholders owning approximately 26% of the combined company.

James Hardie Industries plc reported a 3% decline in Q3 FY25 net sales to $953 million and a 15% drop in adjusted net income to $154 million, yet reaffirmed its full-year guidance and outlined ambitious growth plans for FY26.