AZEK Company Inc ( (AZEK) ) has released its Q2 earnings. Here is a breakdown of the information AZEK Company Inc presented to its investors.
The AZEK Company Inc., headquartered in Chicago, Illinois, is a leading manufacturer of low-maintenance, environmentally sustainable outdoor living products, specializing in decking, railing, and trim solutions. The company is recognized for its innovation and sustainability efforts, producing products primarily from recycled materials.
In its second quarter fiscal 2025 earnings report, AZEK announced an 8% year-over-year increase in consolidated net sales, reaching $452.2 million. The company also reaffirmed its fiscal year 2025 outlook for net sales and adjusted EBITDA growth, reflecting confidence in its market performance and strategic initiatives.
Key financial highlights include a 9% increase in residential segment net sales and a 10% rise in adjusted EBITDA, with margins expanding by 40 basis points to 27.5%. The company’s focus on product innovation and channel expansion has driven growth, despite challenges in the commercial segment due to weaker demand.
Looking ahead, AZEK remains optimistic about its growth prospects, supported by new product launches and a proposed merger with James Hardie Industries. The company expects to continue outperforming the market through strategic initiatives and operational excellence, aiming for sustained growth and margin expansion.