James Hardie Industries plc. (JHX.AX,JHX) reported that its fourth quarter net income declined to $43.6 million from $55.6 million in the prior year. Earnings per share were $0.10 down from $0.13 last year.
Adjusted earnings per share were $0.36 compared to $0.40 in the prior year.
Net sales for the fourth quarter declined to $971.5 million from $1.005 billion last year.
Looking ahead for fiscal year 2026, the company said it is committed to driving profitable growth and reaffirmed its previously stated business planning assumptions for organic sales and EBITDA growth in every region.
The company expects to grow its free cash flow by +30% to at least half a billion dollars in fiscal year 2026 by virtue of its profitable growth, stewardship of working capital, and reduction in its capital expenditures.
The company anticipates that its North America net sales will grow by a low single-digit percentage for fiscal year 2026.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.