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MarketScreener Homepage  >  Equities  >  Nyse  >  Fortune Brands Home & Security, Inc.    FBHS

FORTUNE BRANDS HOME & SECURITY, INC.

(FBHS)
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Fiberon : Launches Promenade PVC Decking

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06/16/2020 | 08:59am EDT

Fiberon, a leading manufacturer of composite decking, railing and cladding, has launched Promenade premium PVC decking. Featuring enhanced streaking, premium embossing and a next-generation surface coating designed for superior weather resistance, Promenade PVC decking is now available to order.

“The Promenade launch enhances Fiberon’s PVC decking program and expands our overall product offering,” said Mark Ayers, senior vice president, marketing and product development. “Promenade joins Paramount to expand our PVC decking portfolio, with Promenade providing a premium experience and Paramount well-suited for those who desire the quality and enhanced characteristics of PVC at a more affordable price point.”

Backed by Fiberon’s industry-leading warranties, Promenade PVC decking is covered by a lifetime limited performance warranty and a 50-year stain and fade warranty. Promenade offers an on-trend aesthetic with the benefits of premium PVC, including enhanced durability.

“It’s a beautiful product that homeowners are sure to love,” said Chris Hayn, vice president of sales. “Promenade PVC deck boards are durable and low maintenance, and they’re offered in a palette of multi-tonal, in-demand colors.”

Promenade deck boards are lightweight and easy to handle, with a slip-resistant texture that makes them ideal for waterside applications. Both grooved- and square-edge options feature four-sided capping with streaking on the unembossed underside.

For more information about Promenade premium PVC decking visit fiberondecking.com.

Shareable Highlights

  • Fiberon announces the launch of Promenade premium PVC decking, offering an on-trend aesthetic with enhanced durability.
  • Promenade premium PVC decking features a next-generation surface coating, designed for superior weather resistance.
  • Promenade is backed by industry-leading warranties, including a lifetime limited performance warranty and a 50-year stain and fade warranty.

About Fiberon

Founded in 1997, Fiberon is a leading U.S. manufacturer of wood-alternative decking, railing, cladding, and fencing distributed worldwide. Fiberon products are available in a wide range of styles and price points, all providing the warmth and beauty of natural wood without the costly, time-consuming maintenance. Fiberon products are free of toxic chemicals and contain up to 94% recycled content. Recognized as an "Eco-leader" by Green Builder magazine, Fiberon maintains operations in North Carolina and Idaho. For more information, visit www.fiberondecking.com or call 800-573-8841.

Fiberon is part of the Doors & Security division of Fortune Brands Home & Security, Inc. (NYSE: FBHS), which creates products and services that fulfill the dreams of home. FBHS's operating divisions are Plumbing, Cabinets and Doors & Security. Its trusted brands include Moen, Perrin & Rowe, Riobel, Rohl, Shaws and Victoria + Albert under the Global Plumbing Group (GPG); more than a dozen core brands under MasterBrand Cabinets; Therma-Tru entry door systems; Fiberon composite decking and railing products; and Master Lock and SentrySafe security products under The Master Lock Company. Fortune Brands holds market leadership positions in all of its divisions. Fortune Brands is part of the S&P 500 Index. For more information, please visit www.fbhs.com.


© Business Wire 2020
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Financials (USD)
Sales 2020 5 789 M - -
Net income 2020 516 M - -
Net Debt 2020 1 544 M - -
P/E ratio 2020 22,6x
Yield 2020 1,15%
Capitalization 11 512 M 11 512 M -
EV / Sales 2020 2,26x
EV / Sales 2021 2,10x
Nbr of Employees 24 700
Free-Float 75,1%
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Technical analysis trends FORTUNE BRANDS HOME & SECU
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 19
Average target price 80,85 $
Last Close Price 83,33 $
Spread / Highest target 8,00%
Spread / Average Target -2,98%
Spread / Lowest Target -20,8%
EPS Revisions
Managers
NameTitle
Nicholas I. Fink Chief Executive Officer & Director
Christopher J. Klein Executive Chairman
Marty Thomas Senior VP-Operations & Supply Chain Strategy
Patrick D. Hallinan Chief Financial Officer & Senior Vice President
David M. Thomas Lead Independent Director
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