'We've had enough': Traditional owners have waited more than 60 years for deadly asbestos to be removed from this ghost town The land of the Banjima people is still scarred by mountains of asbestos tailings left by historic mines near the ghost town of Wittenoom. They are calling for urgent action.

3/3

Successive governments and regulators appear totally impotent in forcing miners to fulfill their restorative and compensative obligations....why?

#Wittenoon #Banjima #Hancock #Rinehart #JamesHardie #CSR

www.abc.net.au/news/2022-10...

The family legacy Gina Rinehart would like to forget The Hancock family's mining empire did not originate with Lang Hancock's fabled discovery of iron-red cliffs in the Pilbara in 1952 – it started with asbestos.

2/3

The Hancock family wealth appears to have started at #Wittenoom yet many still waiting to see the rehabilitation of the mine and/or financial recognition of the suffering caused to workers and local communities incl #Banjima.

#Hancock #Rinehart #JamesHardie #CSR

www.afr.com/companies/mi...

Merry Christmas from WRB Exteriors!

Wishing you a warm and magical holiday season with your loved ones.

#MerryChristmas #Christmas #HappyHolidays #JamesHardie #GiftIdeas #sidingcontractors #sidingreplacement

#Winter is here. Time to get cozy inside with the people you love — and with products by @JamesHardie, you can rest easy knowing your home is protected by the best.

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Why Choosing a James Hardie Elite Preferred Contractor is a Game Changer Opt for excellence in your siding project with a James Hardie Elite Preferred Contractor. Find out why Phillips Home Improvements is your top choice for professional installation in Dallas-Fort Worth.

Why Choosing a James Hardie Elite Preferred Contractor is a Game Changer for Your Siding Project

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phillipshomeimprovements.com/blog/why-choosing-a-jame...

Thankful for family, friends, and a house that feels like home.

Happy #Thanksgiving!


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Thinking about re-siding your home but don't know where to start?

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With this earthy color palette from @JamesHardie featuring #ColorPlusTechnology finishes, your neighbors will #Fall in love with your curb appeal.

Unlock design inspiration today:

www.jameshardie.com/request-for-...

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With this earthy color palette from @JamesHardie featuring #ColorPlusTechnology finishes, your neighbors will #Fall in love with your curb appeal.

Unlock design inspiration today:

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Welcome home to calm with the James Hardie 2025 Color of the Year: Evening Blue 💙

A serene siding hue built to last with ColorPlus® Technology—resistant to fading, chipping & cracking.

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Your siding style says a lot about your curb appeal!

Of course, the best bet is a combination of those. James Hardie siding comes in many styles and colour combinations.

Make your appointment today!

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Winter is coming. Will your siding hold the line?

James Hardie siding shields your home from the harshest Calgary winters—snow, ice, & freezing winds don’t stand a chance.

Protect your kingdom with siding built for the North.

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James Hardie stock collapses 35% as US housing slump hits building materials - Yahoo Finance James Hardie stock collapses 35% as US housing slump hits building materials  Yahoo Finance

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European construction stocks slide after James Hardie’s U.S. housing warning Investing.com -- European construction companies with exposure to North America fell on Wednesday after James Hardie (NYSE:JHX) Industries Plc issued a downbeat outlook on the US housing market, raising fresh concerns about demand in one of their biggest end markets. Hochtief (ETR:HOTG) and Assa Abloy (OTC:ASAZY) both declined 0.9%, Skanska lost 0.4%, Sulzer slid 1.5% and Rexel (EPA:RXL) retreated 0.7% at 05:15 ET (09:15 GMT). Other related companies with major US operations also lagged, including equipment rental firm Ashtead Group (LON:AHT), down 0.7%, and pest control specialist Rentokil, off 0.6%. The moves came after James Hardie, the world’s largest fiber cement producer, saw its shares plunge 28% in Sydney, the steepest one-day drop since 1973, following weak quarterly results and a warning that demand for both new construction and repair projects in North America remains challenging. Adjusted net operating profit sank 29% from a year earlier to $126.9 million in the June quarter, while North American sales fell 12%. “Uncertainty is a common thread throughout conversations with customer and contractor partners,” chief executive Aaron Erter said in a statement, noting that homeowners are deferring big-ticket remodeling projects and affordability remains the key obstacle for single-family housing starts. The warning underscores persistent weakness in the US real estate market, which just recorded its slowest spring selling season in more than a dozen years. On Tuesday, Toll Brothers (NYSE:TOL) Inc. also reported orders that missed analysts’ estimates, adding to evidence that rising costs and tight credit conditions are holding back buyers. North America accounts for about 70% of James Hardie’s revenue, with key markets such as Texas, Florida and Georgia struggling under elevated inventories and affordability barriers. Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks – 6 model portfolios fueled by AI stock picks with a stellar performance this year.. In 2024 alone, ProPicks' AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies. So if ASSAb is on your watchlist, it could be very wise to know whether or not it made the ProPicks lists.

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James Hardie shares tumble 30% on bleak FY earnings forecast Investing.com-- Shares of James Hardie (NYSE:JHX) Industries (ASX:JHX) plunged to their lowest in more than two years on Wednesday after the building products maker posted a steep drop in quarterly profit and issued full-year earnings guidance that disappointed investors. The company reported net sales of $900 million for the three months to June 30, down 9% from a year earlier, with net income plunging 60% to $62.6 million. Sydney-listed shares of the company slumped as much as 30% to A$31.07, their lowest level since March 2023. Management warned that demand in North America, its largest market, remains weak as homeowners defer major projects and homebuilders scale back activity amid affordability concerns. James Hardie cut its earnings expectations, now guiding for adjusted EBITDA of $1.05 billion to $1.15 billion for fiscal 2026, including contributions from its newly closed AZEK acquisition. Analysts had expected stronger momentum following the deal. Chief Executive Aaron Erter said the long-term outlook remains positive given the shift away from wood and vinyl siding, but near-term conditions are challenging. With JHX making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed JHX alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including JHX, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is JHX poised for similar growth? Don't miss the opportunity to find out.

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It's an honour to bring the homeowner's vision to life. See our Instagram Stories for more pics of the transformation.

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At EnerClear, we handle your entire exterior renovation — no juggling multiple companies. 🏡

We listen. We deliver quality. We keep you happy for years to come.

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It's not just your roof and windows that can take a beating from summer hail; your siding carries a big load, too. Is it up to the job? Talk to us about beautiful and durable #JamesHardie siding!

𝐖𝐞 𝐚𝐫𝐞 𝐂𝐚𝐥𝐠𝐚𝐫𝐲'𝐬 𝐜𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐨𝐫.

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Click Subscribe. #JamesHardie #ASX #AZEK #Investing #CreditDeal

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Fitch revises outlook for James Hardie to negative after AZEK acquisition plan Investing.com -- Fitch Ratings has changed the Rating Outlook for James Hardie (NYSE:JHX) International Group Ltd. and its subsidiaries to Negative from Stable, following the company’s announcement of plans to acquire The AZEK Company, Inc. The transaction, valued at $8.75 billion, has led to concerns about increased and sustained EBITDA leverage for James Hardie. Despite this, Fitch has maintained James Hardie’s Issuer Default Rating (IDR) at ’BBB’. The acquisition of AZEK will see shareholders receive $26.45 in cash and 1.034 ordinary shares of James Hardie stock for each share of AZEK stock. The cash portion of the transaction will be funded with debt, a move that will increase James Hardie’s EBITDA leverage to over 3x from 1.1x. Fitch, however, sees the acquisition as beneficial to James Hardie’s business profile as it enhances scale, diversifies product offerings, and increases exposure to the relatively stable repair and remodel (R&R) segment. Fitch predicts that EBITDA leverage on a combined pro forma basis will be around 3.7x, compared with 1.1x for the LTM ending Dec. 31, 2024. The company’s leverage is expected to remain elevated at FYE2026 (ending March 31) and settle around 2.9x at FYE2027 before declining to 2.5x or lower by FYE2028. Fitch’s forecast assumes debt reduction and EBITDA growth in fiscal years 2027 and 2028. James Hardie is expected to face a challenging demand environment in its end markets through at least calendar year 2025. Fitch projects that revenues for the combined company will improve by a low-single digits percentage in FY2026 and grow by a mid-single digits percentage in FY2027. The company is expected to benefit from higher pricing and ongoing material conversion for its products, offsetting volume weakness in the medium term. Fitch calculates that on a combined basis, EBITDA margin is around 26.3%, excluding any potential cost synergies. EBITDA margins are expected to settle between 25.5% to 26.5% in FY 2026, 27%-28% in FY2027 and 27.5%-28.5% in FY2028. Fitch’s forecast also assumes synergies of $25 million-$35 million in FY2026, $70 million-$80 million in FY2027 and $105 million-$115 million in FY2028. Fitch projects James Hardie to generate an FCF margin of 7%-8% in FY2026, 10%-11% in FY2027 and reach 11.5%-12.5% in FY2028. The company is expected to use FCF to repurchase $500 million of its stock within 12 months after the acquisition and $500 million of debt reduction in FY 2027. After the acquisition, James Hardie will hold leadership positions in the fiber cement siding and backboard and the residential outdoor living market. The company’s end-market and geographic diversity will help mitigate regional and end-market downturns. The addition of Azek will expand James Hardie’s product offerings. James Hardie is obligated to make payments to the Asbestos Injuries Compensation Fund (AICF). Fitch’s forecast assumes annual AICF contributions of about $100 million. This amount is subtracted from Fitch’s EBITDA calculation. James Hardie’s leverage metrics, including EBITDA leverage of 1.1x, are stronger than investment-grade building products peers. However, James Hardie has lower revenue and narrower product offerings than these peers, and it also has less end-market diversification. Key assumptions include the closure of the AZEK acquisition during mid-year FY2026, organic revenue growth of low single digits in FY2026 and mid-single digits in FY2027, and EBITDA leverage around 3x at FYE2027 and at or below 2.5x at FYE2028. Factors that could lead to a negative rating action include EBITDA leverage sustained above 2.0x, (CFO-Capex)/Debt sustained below 15%, FCF margin below 3%, and a meaningful change in the company’s obligations to fund its asbestos liabilities. An upgrade is unlikely in the intermediate term given the company’s size and narrow product offering. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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Fitch places AZEK on positive rating watch amid acquisition by James Hardie Investing.com -- Fitch Ratings has placed the AZEK Company Inc and The AZEK Group LLC (AZEK) Long-Term Issuer Default Ratings (IDRs) of ’BB’ and all issue-level ratings on Rating Watch Positive (RWP). This announcement follows the news that AZEK is set to be acquired by James Hardie (NYSE:JHX) Industries plc (James Hardie; BBB/Negative). As part of the agreement, AZEK shareholders will receive $26.45 in cash and 1.034 ordinary shares of James Hardie for each AZEK share at closing. The transaction is expected to significantly enhance the combined company’s scale, geographic footprint, and customer and product portfolio, thus strengthening profitability and cash flows. Fitch intends to resolve the Rating Watch upon the closure of the transaction, which is anticipated in the second half of 2025. The total transaction value of the acquisition is $8.75 billion, representing a 22.4x EBITDA multiple based on AZEK’s last twelve months (LTM) EBITDA of $390 million. The combined entity’s pro forma revenues are projected to reach approximately $5.9 billion, with an EBITDA over $1.4 billion before synergies. The proposed combination is expected to benefit AZEK’s business profile by improving the company’s scale, expanding its product offerings to include a wider range of exterior siding products, and strengthening global geographic diversification. However, Fitch views the combined entity as having weaker credit metrics, with EBITDA leverage on a pro forma basis of around 3.7x, compared to AZEK’s standalone EBITDA leverage of 1.2x for the LTM ended Dec. 31, 2024. Despite a weak demand environment, Fitch expects the combined entity to benefit from higher pricing and a continued shift toward engineered outdoor products and fiber cement siding. AZEK’s profitability is reflected in its Fitch-calculated EBITDA margin of 25.5% in fiscal 2024. On a combined basis, the Fitch-calculated EBITDA margin is around 26.3%, excluding any potential cost synergies. Fitch believes the combined entity will benefit from economies of scale and the innovative product offering, enabling it to maintain strong pricing and above-average margins compared to its peers. AZEK, a leading player in the residential outdoor living market, is expected to capitalize on long-term shift away from traditional materials, such as wood, to drive above-market growth. The company is designing and implementing remediation plans to address identified material weaknesses in the company’s internal control over financial reporting. This comes after an independent investigation revealed an overstatement of inventory and an understatement of cost of sales due to misstated inventory by a former employee. AZEK holds a strong market position in North America for residential composite outdoor living, with an estimated 30% share of the composite decking and railing market. The ’BB’ IDR reflects AZEK’s leading market position, favorable end-market mix, positive FCF generation and conservative financial policies. Fitch expects revenue to grow organically 5%-6% in 2025 and 2026, with an EBITDA margin of 24.5% - 25.5% in the same period. EBITDA leverage of 1.0x-1.5x is expected at fiscal year-end 2025 and 2026 due to EBITDA growth. Fitch will resolve the RWP upon the completion of the contemplated transaction under proposed terms. If the transaction does not close, a positive ratings action could result from sustained EBITDA margin at or above 20%, remediation of the material weaknesses in internal control over financial reporting, and Fitch’s expectation that EBITDA leverage will sustain below 3.0x. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Click Subscribe #FitchRatings #AZEK #JamesHardie #Acquisition #PositiveOutlook

James Hardie to Acquire AZEK in $8.75B Cash and Stock Deal, Offering 26% Premium.

Link: youtube.com/shorts/QeS1E...

#AZEK #AZEKStock #AZEKNews #AZEKStockNews #AZEKAcquisition #JHXStock #JHXNews #JHXStockNews #JamesHardie #JamesHardieStock #JamesHardieNews #JamesHardieStockNews #JamesHardieAZEK

Bearish James Hardie Bet Traded Before Deal News Sank Stock - Yahoo Finance Bearish James Hardie Bet Traded Before Deal News Sank Stock  Yahoo Finance

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James Hardie CEO Defends $8.75 Billion AZEK Deal as Stock Slumps - Yahoo Finance James Hardie CEO Defends $8.75 Billion AZEK Deal as Stock Slumps  Yahoo Finance

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Australia’s James Hardie to buy US-based Azek for $8.8 bln; shares hit 17-mth low About Us Advertise Help & Support Authors Blog Mobile Portfolio Widgets Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

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James Hardie Siding offers one of the best returns on investment in the home renovation market. With supply chain uncertainty and rising costs, locking in your renovation now is a smart financial move.

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We are proud to create the canvas you use to make your house a home.

What steps do you take to improve your curb appeal?

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Great looking project with new #JamesHardie siding and trim (and cedar shakes on the chimney), Lux windows (triple-glazed), cedar soffit and potlights. Plus 2" of Ener-Air insulation doubling the R-value!

Still to come, new doors and eaves.

#Calgary #homerenovation #yyc #energyefficienthome