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17.06.25 - 17:54
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UFP Factory Built Enhances National Reach With Addition Of New Western Facilities (Business Wire)
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GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Factory Built, a division of UFP Industries' Construction segment, today announced it has acquired the Twin Falls, Idaho facility of Robert Weed Corporation. The transaction that will add regional service and greater capacity to the unit's operations, and strengthen the company's position in the RV, cargo trailer and manufactured housing spaces by expanding its western footprint.
“UFP Industries has decades of experience as a leading supplier of high-quality components for RV, cargo trailer and manufactured housing OEMs, and this transaction further extends our reach,” said Patrick Benton, President of UFP Construction. “We're excited about the long-term growth opportunities this transaction provides us as well the operating synergies that exist with our existing locations in region.”
“At UFP Factory Built we help builders and OEMs build better from the ground up,” said Chad Eastin, Executive Vice President of UFP Factory Built. “And we look forw...
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28.04.25 - 22:33
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UFP Industries Announces First Quarter 2025 Results (Business Wire)
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GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries, Inc. (Nasdaq: UFPI) today announced first quarter 2025 results including net sales of $1.60 billion, net earnings attributable to controlling interests of $78.8 million, and earnings per diluted share of $1.30.
“While our first quarter proved more challenging than anticipated and visibility remains limited, we are more encouraged by recent business trends,” said Will Schwartz, UFP Industries CEO. “Business activity improved sequentially in each month during the quarter and that improvement has continued into April. Despite the uncertainty, our team continues to stay laser-focused on what we can control by directing our efforts to activities that improve profitability and streamline our costs. We remain on target to realize $60 million of structural cost savings by year-end 2026, and we continue to accelerate investments across our portfolio into higher-growth and higher-margin opportunities that meet our return on capital targets.”
“In tough ...
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14.04.25 - 19:51
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UFP Industries to Report First Quarter 2025 Results on Monday, April 28, 2025 (Business Wire)
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GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries (Nasdaq: UFPI) will announce first quarter 2025 results on Monday, April 28, 2025. The company will host a conference call to discuss these results on Tuesday, April 29, 2025, at 9 a.m. Eastern Time.
A live audio webcast of the call along with supporting materials will be available on the UFP Industries Investor Relations website at www.ufpinvestor.com/news-filings-reports#events---presentations. A webcast replay will be available on the company's website for at least 90 days following the call.
UFP Industries, Inc.
UFP Industries, Inc. is a holding company whose operating subsidiaries – UFP Packaging, UFP Construction and UFP Retail Solutions – manufacture, distribute and sell a wide variety of value-added products used in residential and commercial construction, packaging and other industrial applications worldwide. Founded in 1955, the company is headquartered in Grand Rapids, Mich., with affiliates in North America, Europe, Asia and Australia. ...
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27.02.25 - 23:39
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XFRA : DIVIDEND/INTEREST INFORMATION - 03.03.2025 - US90278Q1085 (XETRA)
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Das Instrument UF3 US90278Q1085 UFP INDS INC. EQUITY wird cum Dividende/Zinsen gehandelt am 28.02.2025 und ex Dividende/Zinsen am 03.03.2025
The instrument UF3 US90278Q1085 UFP INDS INC. EQUITY has its pre-dividend/interest day on 28.02.2025 and its ex-dividend/interest day on 03.03.2025...
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17.02.25 - 22:06
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UFP Industries Announces Fourth Quarter and Fiscal 2024 Results (Business Wire)
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GRAND RAPIDS, Mich.--(BUSINESS WIRE)--UFP Industries, Inc. (Nasdaq: UFPI) today announced fourth quarter 2024 results including net sales of $1.46 billion, net earnings attributable to controlling interest of $68.0 million, and earnings per diluted share of $1.12. The company also announced net sales of $6.7 billion and earnings per diluted share of $6.77 for fiscal 2024. These results include the impact of impairment charges and severances of approximately $0.11 per diluted share (net of income taxes) associated with ongoing actions to reduce capacity and personnel costs due to lower overall market demand, and a gain on the sale of real estate of approximately $.03 per diluted share (net of income taxes).
“The second half of 2024 proved more challenging than expected, as we continued to face softer demand and a more competitive pricing environment in the fourth quarter,” said Matthew J. Missad, executive chairman. “Despite these market headwinds, 2024 marked the 70th consecutive profitable year for...
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