Simpson Manufacturing Co., Reaffirms Earnings Guidance for 2025
Published on 28/04/2025 at 21:15
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Simpson Manufacturing Co., Inc. reaffirmed its prior 2025 financial outlook after a reevaluation of business conditions, given the uncertainties noted below. As of April 28, 2025, the Company's outlook for the full fiscal year ending December 31, 2025 is as follows: Given the uncertainty regarding 2025 U.S. housing starts compared to prior year housing starts, consolidated operating margin is estimated to be in the range of 18.5% to 20.5% with the low end of the range based on flat to declining 2025 housing starts compared to prior year and price increases implemented in 2025. The operating margin range includes a projected benefit of between $10.0 million to $12.0 million from the sale of the Gallatin property based on a contracted sales price of $19.1 million.
Simpson Manufacturing Co., Inc., through its subsidiary, Simpson Strong-Tie Company Inc. designs, engineers and manufactures structural solutions for wood, concrete, and steel connections. Its wood construction products include connectors, truss plates, fastening systems, fasteners and shearwalls, and concrete construction products. Its wood construction products are used in light-frame building applications. Its concrete construction products include adhesives, chemicals, mechanical anchors, carbide drill bits, fiber reinforced materials and other repair products used for protection and strengthening structures. Its concrete construction products are used in concrete, masonry and steel construction. It markets its products to the residential construction, light industrial and commercial construction, remodeling and do-it-yourself markets. It also operates as designer and manufacturer and distributor of fixing and fastening solutions for the European building and construction market.
