Armstrong World Industries Inc Q4 2021 Earnings Call Summary - Thomson StreetEvents

Armstrong World Industries Inc Q4 2021 Earnings Call Summary

Armstrong World Industries Inc Q4 2021 Earnings Call Summary - Thomson StreetEvents
Armstrong World Industries Inc Q4 2021 Earnings Call Summary
Published Feb 22, 2022
19 pages (10659 words) — Published Feb 22, 2022
Price US$ 54.00  |  Buy this Report Now

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Abstract:

Edited Brief of AWI.N earnings conference call or presentation 22-Feb-22 3:00pm GMT

  
Brief Excerpt:

...A. Highlights: Ended 2021 with strong qtr. in both segments. 1. Delivered robust topline growth for full year of 18%. a. b. Surpassed $1.1b in net sales. 2. Team delivered these results while facing: Choppy, uneven market recovery. a. b. Rapid inflation. c. Supply disruptions. d. Labor shortages. 3. AWI's 2,800 employees: a. Remained focused on objectives. b. Continued innovating. c. Kept plants running safely and efficiently. d. Maintained best-in-class service to customers. B. 4Q21: Delivered 18% YoverY growth in consolidated adjusted net sales. 1. Mineral Fiber sales increased 13% YoverY with strong pricing and positive volume growth contributing to this double-digit performance. a. b. Architectural Specialty adjusted sales rose 34% with contributions from both base business and 2020 acquisitions. 2. Mineral Fiber sales up 5% vs. 2019. Organic AS business posted higher sales vs. 2019. a. 3. These milestones point to healing and market recovery coming out of pandemic. C. 2021: Consolidated...

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Armstrong World Industries Inc
Ticker
AWI.N
Time
3:00pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Susan Marie Maklari - Goldman Sachs Group, Inc., Research Division - Analyst : My first question is, wondering if you can talk a little bit about geographically, what you're seeing on the ground, especially as we think about some of your really big MSAs. And some of those markets that perhaps lagged the reopening over the last 1.5 years, 2 years or so, how you're thinking about incremental improvements as we look to 2022 in those areas?

Question: Susan Marie Maklari - Goldman Sachs Group, Inc., Research Division - Analyst : Okay. That's helpful. And then just following, can you talk a little bit about the M&A backdrop as you think about Architectural Specialties. Just an update on that pipeline perhaps and what you're seeing in terms of deal activity and the potential to get some deals done this year?

Table Of Contents

Armstrong World Industries Inc at Goldman Sachs Industrials & Materials Conference (Virtual) Transcript – 2022-05-11 – US$ 54.00 – Edited Transcript of AWI.N presentation 11-May-22 4:10pm GMT

Armstrong World Industries Inc Q1 2022 Earnings Call Summary – 2022-04-26 – US$ 54.00 – Edited Brief of AWI.N earnings conference call or presentation 26-Apr-22 2:00pm GMT

Armstrong World Industries Inc Q1 2022 Earnings Call Transcript – 2022-04-26 – US$ 54.00 – Edited Transcript of AWI.N earnings conference call or presentation 26-Apr-22 2:00pm GMT

Armstrong World Industries Inc Investor Day Transcript – 2022-03-03 – US$ 54.00 – Edited Transcript of AWI.N corporate analyst meeting</ 3-Mar-22 2:00pm GMT

Armstrong World Industries Inc Q4 2021 Earnings Call Transcript – 2022-02-22 – US$ 54.00 – Edited Transcript of AWI.N earnings conference call or presentation 22-Feb-22 3:00pm GMT

Armstrong World Industries Inc Q3 2021 Earnings Call Summary – 2021-10-26 – US$ 54.00 – Edited Brief of AWI.N earnings conference call or presentation 26-Oct-21 2:00pm GMT

Armstrong World Industries Inc Q3 2021 Earnings Call Transcript – 2021-10-26 – US$ 54.00 – Edited Transcript of AWI.N earnings conference call or presentation 26-Oct-21 2:00pm GMT

Armstrong World Industries Inc Q2 2021 Earnings Call Summary – 2021-07-27 – US$ 54.00 – Edited Brief of AWI.N earnings conference call or presentation 27-Jul-21 2:00pm GMT

Armstrong World Industries Inc Q1 2021 Earnings Call Summary – 2021-04-27 – US$ 54.00 – Edited Brief of AWI.N earnings conference call or presentation 27-Apr-21 3:00pm GMT

Armstrong World Industries Inc Q1 2021 Earnings Call Transcript – 2021-04-27 – US$ 54.00 – Edited Transcript of AWI.N earnings conference call or presentation 27-Apr-21 3:00pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Armstrong World Industries Inc Q4 2021 Earnings Call Summary" Feb 22, 2022. Alacra Store. May 25, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2021-Armstrong-World-Industries-Inc-Earnings-Call-B15113151>
  
APA:
Thomson StreetEvents. (2022). Armstrong World Industries Inc Q4 2021 Earnings Call Summary Feb 22, 2022. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2021-Armstrong-World-Industries-Inc-Earnings-Call-B15113151>
  
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