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Simpson Manufacturing Reports Modest Revenue Growth in 2024

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Simpson Manufacturing Reports Modest Revenue Growth in 2024

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Simpson Manufacturing Co ( (SSD) ) has shared an update.

Simpson Manufacturing Co., Inc. reported its financial results for the fourth quarter and full year of 2024, with net sales increasing by 0.8% to $2.2 billion compared to the previous year. Despite a challenging market environment with declining housing starts, the company managed modest revenue growth and maintained a strong operational focus, declaring a $0.28 per share dividend and providing a positive outlook for 2025.

More about Simpson Manufacturing Co

Simpson Manufacturing Co., Inc. is a prominent player in the industry of engineered structural connectors and building solutions, with a focus on providing innovative construction products and services.

YTD Price Performance: -0.08%

Average Trading Volume: 223,096

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $6.97B

Learn more about SSD stock on TipRanks’ Stock Analysis page.

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