Combination Creates a Comprehensive Solutions Provider to Building Products OEMsAcquisition Enhances Scale, Global Reach and Product Offering HOUSTON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) ("Quanex" or the "Company") today announced that it has closed on its acquisition of Tyman plc ("Tyman"), creating a comprehensive solutions provider in the building products industry. "We are excited to welcome the Tyman team. This transaction accelerates our growth and value cr ...

Combination Creates a Comprehensive Solutions Provider to Building Products OEMsAcquisition Enhances Scale, Global Reach and Product Offering HOUSTON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE: NX) (“Quanex” or the “Company”) today announced that it has closed on its acquisition of Tyman plc (“Tyman”), creating a comprehensive solutions provider in the building products industry. “We are excited to welcome the Tyman team. This transaction accelerates our growth and value c ...

HOUSTON, July 12, 2024 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) ("Quanex" or the "Company") today announced that shareholders of both Quanex and Tyman plc (LSE:TYMN) ("Tyman") have approved Quanex's proposed acquisition of Tyman. "On behalf of our Board of Directors and executive management team, I would like to thank Quanex and Tyman shareholders for their support as we move swiftly towards completing the transaction and creating a comprehensive solutions provider in the building ...

HOUSTON, July 12, 2024 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE: NX) (“Quanex” or the “Company”) today announced that shareholders of both Quanex and Tyman plc (LSE:TYMN) ("Tyman") have approved Quanex’s proposed acquisition of Tyman. “On behalf of our Board of Directors and executive management team, I would like to thank Quanex and Tyman shareholders for their support as we move swiftly towards completing the transaction and creating a comprehensive solutions provider in the building ...

NEW YORK, July 11, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Quanex Building Products Corporation (NYSE: NX), relating to its proposed merger with Tyman plc. Under the terms of the agreement, Tyman shareholders will own between approximately 30% and 32 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________ FORM 10-Q ________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-33913 __________________________ ...

财务数据和关键指标变化 - 第二季度合并营收为2.662亿美元,同比下降2.7% [16] - 净利润为1540万美元,每股0.46美元,同比下降 [17] - 调整后净利润为2180万美元,每股0.66美元,与去年同期持平 [17] - 调整后EBITDA为4000万美元,与去年同期基本持平 [18] - 公司实现了约40个基点的利润率扩张 [18] 各条业务线数据和关键指标变化 - 北美门窗业务营收为1.598亿美元,同比增长1.8%,主要由于销量改善 [19] - 该分部调整后EBITDA增长16.7%至2380万美元 [19] - 欧洲门窗业务营收为5660万美元,同比下降10.4%,主要由于销量下降约10% [20] - 该分部调整后EBITDA下降至1300万美元 [20] - 北美橱柜部件业务营收为5110万美元,同比下降4.6%,主要由于销量下降和硬木价格指数下降 [21] - 该分部调整后EBITDA增长24%至500万美元,主要由于良好的运营执行和成本控制 [22] 各个市场数据和关键指标变化 - 全球市场需求呈现季节性恢复,每个季度销量都有增长 [9] - 欧洲市场持续疲软,英国和欧洲大陆市场均出现大幅下滑 [10] - 公司预计欧洲市场改善将落后于北美,主要受地缘政治冲突、能源成本压力和政治选举等因素影响 [10] 公司战略和发展方向及行业竞争 - 公司正在积极拓展非门窗业务,如太阳能密封胶、塑料护栏等,这些业务增长势头良好 [29][30] - 公司正在投资研发新产品,如新型安全屏幕等,以提升竞争力 [60][61] - 公司宣布收购Tyman公司,将创造一家更大规模、更多元化的建材供应商 [13][14] 管理层对经营环境和未来前景的评论 - 管理层对公司业务韧性和灵活性表示满意,能够在需求高低时期保持盈利增长 [7][11] - 管理层对北美市场前景保持乐观,预计下半年需求将继续改善 [35][36] - 管理层认为欧洲市场改善将滞后于北美,需要等到2025年初中期才能看到明显好转 [43] 其他重要信息 - 公司第三季度营收预计环比增长4%-6%,调整后EBITDA利润率预计持平或下降25个基点 [25] - 公司维持全年营收约11亿美元、调整后EBITDA1.45-1.5亿美元的指引 [24] - 公司第二季度经营活动产生的现金流为3690万美元,自由现金流略有下降 [23] - 公司资产负债表保持强劲,净负债率为0倍 [23] 问答环节重要的提问和回答 问题1 **Steven Ramsey 提问** 非门窗业务销售表现强劲,是否预计下半年仍将保持季节性改善趋势,以及长期来看该业务的增长动力是什么? [28] **George Wilson 回答** 公司非门窗业务包括太阳能密封胶、塑料护栏、防水胶带等,这些业务增长势头良好,公司将继续投入资源发展这些领域,看好其长期增长潜力 [29][30] 问题2 **Julio Romero 提问** 欧洲市场疲软的主要原因是什么,以及公司预计何时能看到该市场的改善? [40] **George Wilson 回答** 欧洲市场疲软主要受消费者信心下降、能源成本持续高企、政治不确定性等因素影响 [41][42] 公司预计欧洲市场改善将滞后于北美,可能要到2025年初中期才能看到明显好转 [43][44] 问题3 **Adam Thalhimer 提问** 公司是否有新产品开发或技术创新计划,可以帮助提升利润率? [59] **George Wilson 回答** 公司正在积极投入研发新产品,如新型安全屏幕等,虽然目前还为时尚早,但公司对这些新产品的前景感到很兴奋 [60][61]

Quanex Building Products Corporation (NX) reported mixed results in second-quarter fiscal 2024 (ended Apr 30, 2024). Its earnings surpassed the Zacks Consensus Estimate and net sales missed the same. On a year- over-year basis, net sales declined while earnings remained in line with the year-ago figures. Shares of the company rose 6% in the after-hours trading session on Jun 6 after the news release. Inside the Headlines Adjusted earnings of 66 cents per share surpassed the consensus estimate of 53 cents by ...

Quanex Building Products (NX) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 24.53%. A quarter ago, it was expected that this housing materials maker would post earnings of $0.12 per share when it actually produced earnings of $0.18, delivering a surprise of 50%. Over the last four ...

EXHIBIT 99.1 Quanex Building Products Announces Second Quarter 2024 Results and Reaffirms Full Year 2024 Guidance Margin Expansion in North America and on a Consolidated Basis Repaid $10 Million in Bank Debt – No Outstanding Draws on Revolver Tyman Acquisition Expected to Close in 2H24 HOUSTON, June 06, 2024 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced its results for the three months ended April 30, 2024. The Company reported the following s ...