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Latest News from BRG and the Global Building Products Industry
Stay informed regarding BRG's latest publications and industry news covering the markets for HVAC equipment, components & controls, bathroom & kitchen products, plumbing, pipes, valves & fittings and thermal insulation.


Lowe's Reports Strong Q3 2025 Earnings Amid Strategic Acquisitions
Lowe's Reports Strong Q3 2025 Earnings Amid Strategic Acquisitions  U.S.: Lowe's Companies, Inc. reports net earnings of USD 1.6 billion and diluted EPS of USD 2.88 for the quarter ended Oct. 31, 2025, compared to USD 2.99 EPS in Q3 2024. Total sales reached USD 20.8 billion, up from USD 20.2 billion a year ago, with comparable sales increasing 0.4%, driven by 11.4% online sales growth, double-digit growth in home services, and continued growth in Pro sales. The company reco
brg_news_room
2 days ago1 min read


Norcros plc Reports Strong First‑Half Performance in UK & Ireland
Norcros plc Reports Strong First‑Half Performance in UK & Ireland UK/Ireland: Norcros plc, the leading branded bathroom products business in the UK and Ireland, reported a 1.3% increase in revenue to £184.3 m (USD 240.7 million) and a 7.4% rise in underlying operating profit to £21.9 m (USD 28.6 million) for the first half of 2025. Strategic initiatives including the acquisition of Fibo Holding AS in Norway and the closure of Johnson Tiles SA have positioned the company for f
brg_news_room
Nov 241 min read


Reece Reports 18% Decline in Quarterly EBIT Amid Housing Market Pressures
Reece Reports 18% Decline in Quarterly EBIT Amid Housing Market Pressures Australia: Plumbing and bathroom products supplier Reece has reported an 18% decline in earnings before interest and tax to USD 129 million for the September quarter, with EBITDA down 8% to USD 222 million compared to the same period last year. The Australian company, which distributes through its branch network and online and has a significant US presence, cited persistent cost pressures and escalating
brg_news_room
Nov 241 min read


Home Depot Reports Higher Third-Quarter Sales for Fiscal 2025
Home Depot Reports Higher Third-Quarter Sales for Fiscal 2025 USA: Home Depot reported sales of USD 41.4 billion for the third quarter of fiscal 2025, an increase of USD 1.1 billion compared with the same period of fiscal 2024. The results include approximately USD 900 million in sales from the recently acquired GMS Inc., reflecting around eight weeks of activity during the quarter. Comparable sales increased by 0.2 per cent overall and by 0.1 per cent in the United States. T
brg_news_room
Nov 191 min read


Geberit Group Posts Solid Sales Rise Despite Currency Headwinds
Geberit Group Posts Solid Sales Rise Despite Currency Headwinds Switzerland: The Geberit Group reported net sales of CHF 2,448 million (about EUR 2,652 million) in the first nine months of 2025, representing a 2.0 per cent increase year on year. Adjusted for currency effects, the sales growth rose to 4.4 per cent. Operating cashflow (EBITDA) reached CHF 753 million (about EUR 805 million), delivering an EBITDA margin of 30.8 per cent. The slight decline in margin (down by 60
brg_news_room
Nov 191 min read


Cera Sanitaryware Reports 0.77% Dip in Q2 FY26 Net Profit
Cera Sanitaryware Reports 0.77% Dip in Q2 FY26 Net Profit India: Cera Sanitaryware reported a slight 0.77% dip in net profit for Q2 FY26, with profit after tax at USD 60.5 million compared to USD 60.9 million in the same quarter last year. The company’s net consolidated total income declined by 16.79% to USD 6.8 million, down from USD 8.2 million in the corresponding period of the previous fiscal, according to its BSE filing. Despite the drop, sanitaryware and faucetware segm
brg_news_room
Nov 131 min read


Hindware Home Innovation Limited Reports 10% Revenue Growth to USD 101 Million in Q2FY26
Hindware Home Innovation Limited Reports 10% Revenue Growth to USD 101 Million in Q2FY26 India: Hindware Home Innovation Limited (HHIL) announced Q2FY26 revenue of USD 101 million, reflecting a 10% year-over-year increase, with an EBITDA margin of 11%. The company is expanding its consumer appliance division through premium product launches, dealer network growth, brand premiumization, and portfolio expansion in modular furniture and water heaters. HHIL is also undergoing cor
brg_news_room
Nov 131 min read


Huida Sanitary Ware Faces Short-Term Pressure in Q3 Results, Eyes Recovery Ahead
Huida Sanitary Ware CHINA: Huida Sanitary Ware reported its 2025 three-quarter results, with revenue/net profit/net profit attributable to non-controlling interests reaching 2.21 billion yuan (~US$ 311.3 million) / 0.015 billion yuan (~US$ 2.1 million) / -0.047 billion yuan (~US$ 6.6 million loss) for the first nine months, reflecting year-on-year declines driven by weakened terminal demand. In 2025 Q3, revenue and net profit after deducting non-recurring items stood at 0.785
brg_news_room
Nov 121 min read


Somany Ceramics Posts Steady Q2 Performance, Approves Merger of Three Subsidiaries
Somany Ceramics INDIA: Somany Ceramics Limited reported consolidated revenue of ₹681.00 crores (~US$ 76.8 million) for Q2 FY2026, reflecting a 2.9% year-on-year increase, while net profit declined to ₹15.00 crores (~US$ 1.7 million) from ₹17.00 crores in the previous year. Operational performance included tiles sales volume of 17.80 million m² and strong capacity utilization rates of 75% in tiles and 74% in sanitaryware. The Board approved a draft scheme for merger of three w
brg_news_room
Nov 121 min read


Kirloskar Pneumatic Plans Entry into Commercial AC Market
Kirloskar Pneumatic Company Limited INDIA: Kirloskar Pneumatic Company Limited (KPCL) has announced plans to enter the commercial air conditioning segment, aiming to tap into a market valued at over ₹5,000 crore (~US$602 million). The company’s Board has approved filing a Production Linked Incentive (PLI) Scheme application to support this venture. The initiative is part of KPCL’s broader strategy to diversify its portfolio beyond its core air, refrigeration, and gas compres
brg_news_room
Nov 31 min read


TOTO Reports Mixed Regional Performance with Growth in Asia and Europe
TOTO Reports Mixed Regional Performance with Growth in Asia and Europe Japan: TOTO Corporation reported varied performance across its global operations for the third quarter of FY2025. The company plans to accelerate the expansion of new products with strong demand. Its International Housing Equipment Business also saw a mixed performance, while the Americas recorded a significant increase in WASHLET sales across all channels, profits were affected by exchange rates and growt
brg_news_room
Nov 31 min read


Villeroy & Boch Maintains Performance Amid Market Challenges
Villeroy & Boch GERMANY: Villeroy & Boch recorded a 6.7% increase in revenue to €1,075.2 million (US$ 1249.3 million) in the first nine months of the 2025 financial year, supported by the acquisition of Ideal Standard. Operating EBIT rose to €65.1 million (US$ 75.6 million), slightly above the previous year. Sales growth was driven by the EMEA region and the fittings and shower systems business, while restrained consumer spending and investment in key markets such as China an
brg_news_room
Oct 231 min read


Lennox Reports Q3 2025 Revenue of USD 1.4 Billion
Lennox Reports Q3 2025 Revenue of USD 1.4 Billion U.S.: Lennox Reports Q3 2025 Revenue of USD 1.4 Billion with Strong Profit Margins Despite Volume Decline, as overall revenue declined 5% to USD 1.4 billion due to lower sales volumes. Operating income increased 2% to USD 310 million, with an operating margin of 21.7%. The Home Comfort Solutions segment saw revenue fall 12% to USD 913 million and segment profit decline 10% to USD 203 million, while the Building Climate Solutio
brg_news_room
Oct 231 min read


Enpal Secures Major Financing Deal to Expand Renewable Energy Solutions Across Europe
Enpal Secures Major Financing Deal to Expand Renewable Energy Solutions Across Europe Germany: Germany-based solar and heat pump provider Enpal has entered into a financing agreement worth EUR 700 million (USD 755 million) with M&G Investment Management to accelerate the adoption of renewable energy technologies across Europe. Supported by an additional EUR 600 million (USD 647 million) in senior loans from banks including Citi and Barclays, the funding will strengthen Enpal’
brg_news_room
Oct 221 min read


Ferguson Leverages Infrastructure Demand Amid Housing Market Challenges
Ferguson UNITED STATES: Ferguson, America’s leading plumbing distributor, reported robust demand from infrastructure and municipal projects even as a sluggish housing market and margin pressures weighed on overall returns. For the year ending October 9, 2025, Ferguson’s net sales reached US$30.8 billion, up 3.8% from the previous year, with organic growth of 3.2% and acquisitions contributing 1%. Q4 saw Waterworks sales rise 12% and HVAC sales 5%, reflecting strong non-reside
brg_news_room
Oct 131 min read


Bank of Japan Holds Policy Rate as Core Inflation Falls to Lowest Since November 2024
Japan JAPAN:Â The Bank of Japan kept its policy rate steady at 0.5% on Friday, following a 7-2 majority vote, with dissenters proposing a...
brg_news_room
Sep 211 min read


India And Israel Sign Bilateral Investment Agreement
India And Israel Sign Bilateral Investment Agreement India/Israel: India and Israel have signed a Bilateral Investment Agreement (BIA) in...
brg_news_room
Sep 101 min read


Villeroy & Boch Reports First-Half 2025 Revenue Growth
Villeroy & Boch Reports First-Half 2025 Revenue Growth UK: Villeroy & Boch reported a 12.1 percent increase in revenue for the first half...
brg_news_room
Aug 311 min read


Geberit’s Q2 Profit Falls 2.3% Amid European Construction Slowdown
Geberit SWITZERLAND: Building materials supplier Geberit reported weaker-than-expected Q2 earnings as Europe’s construction sector...
brg_news_room
Aug 201 min read


US Tariff Uncertainty Puts Kohler’s India Export Plans at Risk
Kohler INDIA: Kohler’s India export plans face uncertainty as proposed 25% US tariffs on Indian electronics, including its products,...
brg_news_room
Aug 121 min read
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