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News Installed Building Products grows revenue and earnings in first half of 2022

Installed Building Products grows revenue and earnings in first half of 2022

Written by Global Insulation staff
31 August 2022
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US: Installed Building Products’ net revenue grew by 37% year-on-year to US$1.26bn in the first half of 2022 from US$925m in the same period in 2021. Its adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 54% to US$204m from US$133m. The insulation installation company said that its sales increased in the second quarter of 2022 due to “strong growth” across its residential new construction, repair and remodel and commercial markets.

Published in Global Insulation News
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  • US
  • Installed Building Products
  • Results
  • GGM50

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