Masonite International Corp : MASONITE INTERNATIONAL CORPORATION REPORTS FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS . SEES FY 2017 ADJUSTED EARNINGS PER SHARE $4.10 TO $4.60 . Q4 ADJUSTED EARNINGS PER SHARE $0.55 . Q4 EARNINGS PER SHARE $0.49 . Q4 SALES $481 MILLION VERSUS I/B/E/S VIEW $483.5 MILLION . SEES FY 2017 SALES UP 7 TO 9 PERCENT . Q4 EARNINGS PER SHARE VIEW $0.62 -- THOMSON REUTERS I/B/E/S . MASONITE INTERNATIONAL - BOARD APPROVED NEW SHARE REPURCHASE PROGRAM UNDER WHICH CO INTENDS TO REPURCHASE UP TO $200 MILLION OF OUTSTANDING COMMON SHARES . NEW SHARE REPURCHASE PROGRAM IS IN ADDITION TO EXISTING SHARE REPURCHASE AUTHORIZATION APPROVED IN FEBRUARY 2016 . MASONITE INTERNATIONAL - "2017 ANNUAL OUTLOOK ASSUMES MID-SINGLE DIGIT U.S. HOUSING COMPLETIONS, LOW TO MID-SINGLE DIGIT GROWTH IN U.S. REPAIR" . "WE ANTICIPATE BOTH U.K. AND CANADIAN HOUSING MARKETS TO BE RELATIVELY FLAT" IN 2017 . FY2017 EARNINGS PER SHARE VIEW $3.68, REVENUE VIEW $2.09 BILLION -- THOMSON REUTERS I/B/E/S .COMPANY EXPECTS 2017 ADJUSTED EBITDA TO BE IN RANGE OF $285 MILLION TO $305 MILLION.
Zhejiang Three Stars New Materials Co Ltd :Says online part of Shanghai IPO attracted interest amounting to 8,707.9 times amount on offer.
Jeld-Wen Holding Inc : Jeld-Wen announces fourth quarter and full year 2016 results; provides 2017 outlook . Q4 revenue rose 9.2 percent to $973.2 million . Sees fy 2017 revenue up 1.5 to 3.5 percent . Jeld-Wen Holding Inc - sees FY adjusted EBITDA of $435 to $455 million . Qtrly loss per share $0.5 .Jeld-Wen Holding Inc - FY capital expenditures are expected to be in range of $90 to $100 million.
Diamond Building Products Pcl : fy net profit 392.0 million baht versus 331.0 million baht . group fy total revenue from sales and services 4.12 billion baht, which decreased from the previous year by 1.12 percent ." anticipated that the market for construction materials will improve in line with better economic conditions".
Asian Granito India Ltd : says plans to double the capacity of quartz stone segment . says will invest 200 million rupees in setting up quartz stone facility at Himmatnagar plant in Gujarat dedicated for exports .says it expects exclusive export turnover of 600 million rupees in the first year of operations from the new facility.
Valmont Industries Inc : Valmont reports fourth quarter and fiscal year 2016 results . Q4 GAAP earnings per share $3.10 . Q4 earnings per share view $1.45 -- Thomson Reuters I/B/E/S . Valmont Industries Inc - for 2017, company is issuing annual guidance for diluted eps to increase approximately 10pct from adjusted EPS of $6.42 . Sees FY17 revenue growth - mid single digit with each segment expecting positive comparisons . "for 2017, revenue should grow around 5pct without acquisitions" . Valmont Industries - expect to meet or exceed 10pct return on invested capital and more than one-time free cash flow conversion targets for 2017 . Qtrly adjusted earnings per share $1.61 . Fy2017 earnings per share view $6.78, revenue view $2.52 billion -- Thomson Reuters I/B/E/S .Qtrly net sales $674.6 million versus $633.8 million.
Fletcher Building Ltd : hy revenue up 4% to $4,613m . hy operating earnings before significant items up 12% to $310m . interim dividend up 5% to 20 cents per share. . operating earnings for the 2017 financial year are expected to be in the range of $720 million to $760 million . the dividend reinvestment plan will be operative for this dividend payment. . strong macro-economic conditions expected to continue to benefit fy17 for nz business . "asia: showing signs of improving volumes but remain competitive" . for Europe, mixed outlook with growth in UK offset by weaker continental Europe . further improvement to come from Formica businesses . fy17 capex forecast to be $275-325m versus $300m in fy16 . fy17 depreciation forecast to be $210-220m versus $194m in fy16 .all figures in NZ$.
LSI Industries Inc : LSI Industries Inc Acquires Atlas Lighting Products, Inc . Terms of agreement include a cash payment of $96.9 million . Terms of agreement include 200,000 five-year warrants to purchase LSI's common stock at an exercise price of $9.95 . LSI intends to keep Atlas brand . Funding for deal to be provided by combination of cash on hand, $66 million from new $100 million commercial bank facility provided by PNC Bank . Intend to maintain Atlas facility in Burlington, NC . Anticipate acquisition will be accretive to LSI's results beginning in fiscal 2018 .Anticipate "significant cost synergies" with the acquisition.
Trex Company Inc : Trex Company announces fourth quarter and calendar year 2016 results . Q4 earnings per share $0.43 . Q4 earnings per share view $0.41 -- Thomson Reuters I/B/E/S . Sees q1 2017 sales about $144 million . Q4 sales $95.3 million versus I/B/E/S view $93 million . Trex Company Inc- board of directors approved a new share repurchase program under which company may repurchase up to 2.96 million shares . Trex Company Inc - incremental gross margin for full year 2017 is expected to return to a more normalized level of 45-50 pct .Q1 revenue view $143.3 million -- Thomson Reuters I/B/E/S.