September 25, 2016 5:54 PM ET

Household Durables

Company Overview of Installed Building Products, Inc.

Company Overview

Installed Building Products, Inc., together with its subsidiaries, engages in the installation of insulation, garage doors, rain gutters, shower doors, closet shelving and mirrors, and other products in the continental United States. It offers a range of insulation materials, such as fiberglass insulation, spray foam insulation, and cellulose insulation materials. The company is also involved in the installation of insulation and sealant materials in various areas of a structure, which includes basement and crawl spaces, building envelopes, attics, and acoustical insulations. It serves homebuilders, multi-family and commercial builders, individual homeowners, and repair and remodeling contra...

495 South High Street

Suite 50

Columbus, OH 43215

United States

Founded in 1977

4,510 Employees

Phone:

614-221-3399

Fax:

614-221-3389

Key Executives for Installed Building Products, Inc.

Chairman, Chief Executive Officer and President
Age: 52
Total Annual Compensation: $600.0K
Chief Financial Officer, Executive Vice President of Finance and Director
Age: 52
Total Annual Compensation: $286.2K
Chief Operating Officer
Age: 55
Total Annual Compensation: $336.2K
Compensation as of Fiscal Year 2015.

Installed Building Products, Inc. Key Developments

Installed Building Products, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2016

Installed Building Products, Inc. reported earnings results for the second quarter ended June 30, 2016. For the quarter, the company reported net revenue was $211.9 million, an increase of 32.7% from $159.7 million in the second quarter of 2015. Net income was $10.0 million, or $0.32 per diluted share, compared to $6.5 million, or $0.21 per diluted share in the prior year quarter. Adjusted net income was $10.7 million, or $0.34 per diluted share, compared to $7.2 million, or $0.23 per diluted share in the prior year quarter. Adjusted EBITDA was $26.2 million, a 48.3% increase from $17.7 million in the prior year quarter, largely due to higher gross profit and improved leverage in SG&A.

Installed Building Products Mulls Acquisitions

Installed Building Products, Inc. (NYSE:IBP) is looking for acquisitions. The company which has already made six acquisitions in the beginning of the year 2016, intends to make more acquisitions in the future. "Since the beginning of the year, we have completed six acquisitions representing nearly $53 million of annual revenue and our pipeline of potential acquisitions remains robust. We are well on our way for another strong year of acquisition growth.", said Jeff Edwards, Chairman and Chief Executive Officer of Installed Building Products.

Installed Building Products, Inc. Presents at Jefferies 2016 Industrials Conference, Aug-11-2016 10:40 AM

Installed Building Products, Inc. Presents at Jefferies 2016 Industrials Conference, Aug-11-2016 10:40 AM. Venue: Grand Hyatt New York, 109 E. 42nd Street, New York, NY 10017, United States.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 15, 2016
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Merger/Acquisition
August 5, 2016
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Merger/Acquisition
April 12, 2016
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