James Hardie reports strong Q2, raises FY26 guidance, announces leadership changes

James Hardie Industries plc announced its Q2 FY26 results for the period ended September 30, 2025, reporting a 34% increase in net sales to $1,292.2 million and a 25% rise in adjusted EBITDA to $329.5 million. This growth was significantly driven by the acquisition of The AZEK Company Inc. on July 1, 2025, contributing $345.1 million in net sales. The company also raised its full-year FY26 guidance for net sales in Siding & Trim to $2.925 billion to $2.995 billion and total adjusted EBITDA to $1.20 billion to $1.25 billion.

In a related announcement, James Hardie appointed Nigel Stein as the new chair of its board of directors, effective November 17, 2025, and formed an Integration and Performance Committee chaired by Jesse Singh to oversee the AZEK integration. The company also announced Ryan Lada as the new chief financial officer, effective November 17, 2025, succeeding Rachel Wilson.

Additionally, James Hardie confirmed the issuance of 6,678 CHESS Depositary Interests (CDIs) on November 18, 2025, under an employee incentive scheme. State Street Corporation also reported a substantial holding notice, indicating 2.71% voting rights attached to shares as of November 11, 2025, slightly below the 3.00% notifiable threshold.