Gibraltar Industries Inc（ROCK）のニュースとイベントROCKGibraltar Industries Inc

Gibraltar Industries Sells Infrastructure Business D.S. Brown for $208M

Gibraltar Industries announced that it has entered into an agreement to sell its Infrastructure business, D.S. Brown, to Saint-Gobain for $208M in cash, subject to customary post-closing adjustments. The sale is expected to close in the fourth quarter of 2026 subject to customary closing conditions, including receipt of required regulatory approvals. Management will update its 2026 outlook with respect to this sale in connection with its third quarter 2026 report, the timing of which will be announced separately.

Gibraltar Industries Sells Renewables Business

Gibraltar Industries announced that, in the second of a two-step process to divest its Renewables business by aligning it with industry leaders who continue to broaden their solar portfolios, has sold its racking and foundations operations to Unirac. This completes the divestiture of the Renewables business and supports Gibraltar's strategic plan to simplify and focus its asset portfolio on the building products and structures end markets.

Company Reports Q1 Revenue of $356.3 Million

Reports Q1 revenue $356.3M vs $246.4M last year. "The first quarter was very busy with the closing of the OmniMax acquisition on February 2nd and the subsequent launch of our integration efforts across the combined business. There has been significant progress as our 22 integration planning teams have delivered over 500+ milestones in the last 90 days. We are accelerating key initiatives and have raised our synergy commitment again, adding another $2 million for 2026 to a total of $26 million of which $16 million is planned to be realized in full-year 2026 adjusted EBITDA. In parallel, we continued to navigate a slower Residential end market, deal with accelerating commodity inflation, and manage through some disruptive weather events in the quarter," stated Chairman and CEO Bill Bosway.