Issues First Quarter and Fiscal Year 2025 Guidance: Guidance for the first quarter of fiscal year 2025; includes:
North American volumes to be in the range of 745 million to 775 million standard feet North American EBIT margin to be in the range of 30% to 32% Adjusted Net Income to be in the range of US$155 million to US$175 million
Guidance for the full fiscal year 2025; includes:
North American volumes to be in the range of 2,950 million to 3,150 million standard feet vs FY24 3,054 million standard feet North American EBIT margin to be in the range of 29% to 31% Adjusted Interest, net: US$25 million to US$29 million vs FY24 US$24.3 million Adjusted Effective Tax Rate: 23.5% to 24.5% vs FY24 23.0% Adjusted Net Income to be in the range of US$630 million to US$700 million
For the full year FY25, we expect to spend a total of approximately US$500 to US$550 million in capital expenditures.