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Recent Articles

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CertainTeed launches US Industry Trend Report at the 2024 International Builders' Show; findings include building for extreme weather, environmental pressures, prioritizing renovation of building insulation, roofing and siding to increase ROI, curb appeal

CIBC: R&R bellwether Home Depot expects continued pressure on demand for larger projects; HD's Q4 results in-line with expectations, and while Pro backlogs are lower than a year ago, they remain stable and elevated relative to historical norms

RBC reiterates LP at outperform and raises target by US$2 to US$82, noting adjusted EBITDA well ahead of guidance; RBC continues to like LP's long-term transformation story, sees attractive upside to fundamentals if housing and R&R activity accelerate

RBC highlights from James Hardie fiscal Q3 conference call: EBIT margins in North America likely represent near-term peak; company optimistic about H2 for R&R market, and will keep investing in marketing and capacity to support growth over next few years

RBC reiterates James Hardie at sector perform with AU$54 target, noting fiscal Q3 adjusted EBIT slightly above forecast; company expected to benefit from its relationships with large homebuilders, improving R&R market as 2024 progresses

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