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The latest update is out from Armstrong World ( (AWI) ).
Armstrong World Industries reported record-breaking third-quarter 2024 financial results with a net sales increase of 11.3%, driven by acquisitions and strategic innovations. The company saw a rise in operating income and adjusted EBITDA, reflecting strong market performance despite challenging conditions. With improved sales volumes and Average Unit Value in both Mineral Fiber and Architectural Specialties segments, Armstrong is poised for continued growth in the financial year, supported by operational excellence and market-driven initiatives.
For a thorough assessment of AWI stock, go to TipRanks’ Stock Analysis page.
