X-Feed Billboard (International)
The newsboard processes news from the NASDAQ Nordic portfolio company GlobeNewswire, which provides investors with company-relevant information. This relates in particular to events that may be relevant to the listing of companies or tradable financial instruments.
GlobNewswire (formerly PrimeNewswire) specializes in public relations solutions and digital media services. This feed adds another important source of information for investors to the popular X-Billboard portfolio.
Conference Call and Webcast at 9:00 A.M. ET
DAYTONA BEACH, Fla., March 04, 2025 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD) a leading installer and specialty distributor of insulation and related building material products to the construction industry in the United States and Canada, announced that it has entered into an agreement to acquire Seal-Rite Insulation, based in Omaha, Neb. Seal-Rite generates approximately $15 million in annual revenue and has been installing fiberglass and spray foam for the residential and commercial end markets in the Omaha and Lincoln areas for over 25 years. The transaction is expected to close in the second quarter.
Fourth Quarter Highlights
Fourth quarter sales grew 2.0% to $1.31 billion, driven by 6.6% improvement in Specialty Distribution
Delivered gross margin of 29.9% and adjusted EBITDA margin of 19.7%
Mechanical Insulation Distributor Expands TopBuild’s Commercial and Industrial Offerings and Builds on Metro Supply’s Strong Customer Relationships; Approximately $35 Million in Annual Revenue
Third quarter sales of $1.37 billion driven by 4.2% Installation growth and 5.1% Specialty Distribution growth
Thermal Acoustic Blanket Insulation Fabricator Strengthens TopBuild’s
Mechanical Insulation Offerings for Commercial and Industrial Customers;
Approximately $11 Million in Annual Revenue
Wednesday, September 4 at 11:00 a.m. Eastern Time
Both segments drive growth, resulting in second quarter sales of $1.37 billion
DAYTONA BEACH, Fla., June 03, 2024 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer and specialty distributor of insulation and related building material products to the construction industry in the United States and Canada, announced today that it has acquired Texas Insulation, which generates approximately $39 million in annual revenue. Texas Insulation operates out of three locations in Dallas, Houston, and Austin and serves customers in the residential and light commercial end markets. The company installs primarily spray foam as well as fiberglass insulation.
The information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.
RAW DATA PROCESSING means that raw data is processed without changing the content. The data is supplemented to improve the interpretation of the information in terms of usability.
Note: The newswire cross-link panel at the top allows you to quickly and easily access additional sources of information. In the terminal view, the news is filtered at company level and enables targeted searches.
On behalf of the trading community, we would like to thank the operators of the trading venues for providing information services.