James Hardie Q1 FY27 adjusted EBITDA climbs 79% to USD 422 million; net sales rise 64% to USD 1.48 billion
JHX•Q1 FY27 results and margins
James Hardie posted Q1 FY27 net sales of USD 1.48 billion, up 64% year over year; adjusted EBITDA rose 79% to USD 422 million.
Adjusted EBITDA margin widened 2.3 percentage points to 28.6%; adjusted diluted EPS increased 13% to USD 0.36.
Free cash flow more than doubled to USD 254 million; net leverage ratio stood at 2.67x with net debt of USD 4.12 billion.
FY27 guidance and AZEK integration
FY27 guidance calls for net sales of USD 5.56 billion-USD 5.72 billion; adjusted EBITDA of USD 1.54 billion-USD 1.63 billion.
AZEK integration delivered about USD 29 million of Q1 cost synergies; target remains USD 125 million run-rate within three years.
