Strong EBITDA Margin in Home and Building Products
The Home and Building Products segment maintained a better than 30% EBITDA margin, driven by steady residential performance and favorable mix.
Recognition for Innovation
Clopay was recognized as the Best of IBS at the February 2025 NAHB International Builders Show for its innovative VertiStack Avante garage door.
Successful Stock Repurchase Program
During the second quarter, Griffon repurchased $31 million of stock, reducing outstanding shares by 17.4% since April 2023.
Stable Dividend Growth
Griffon declared a regular quarterly dividend, marking the 55th consecutive quarterly dividend, with an annualized compounded growth rate of more than 18% since 2012.
Improved EBITDA Performance in Consumer and Professional Products
The Consumer and Professional Products segment improved its EBITDA by 18% year-over-year, driven by the transition to an asset-light business model and successful integration of the Pope acquisition in Australia.