• Net sales of 1.60 billion US dollars. The decrease amounted to 2.7%, which was due to a 0.7% decline in selling prices and a 2% decline in organic unit sales.
• New product sales of USD 106 million amounted to 6.7% of total sales compared to 7.2% in the first quarter of 2024.
• Net profit attributable to majority interests of USD 78.8 million, a decrease of 35% compared to the previous year. Net income attributable to majority interests of USD 120.8 million last year including USD 7.3 million of additional tax benefits related to our deduction for share-based payments.
• Adjusted EBITDA 1 amounted to USD 142.2 million in the quarter, or 8.9 percent of sales, compared to USD 180.8 million, or 11.0 percent of sales, in the same period last year.

Capital Allocation

$UFPI (+1,84 %) has a strong balance sheet with nearly $903.6 million in cash as of March 29, 2025, compared to $979.7 million in cash at the end of the first quarter of 2024. As of March 29, 2025, the Company had approximately $2.2 billion of liquidity, consisting of cash and remaining funds on its revolving credit facility and a master credit agreement with certain lenders. The Company's return-oriented approach to capital allocation includes the following:

• Acquisitions and organic growth. The Company targets strategic acquisitions and invests in organic growth when acquisition targets are not available at valuations that allow us to meet or exceed targeted returns. In 2024, the company announced up to $1 billion in capital investments across its portfolio through 2028 for automation, technology upgrades, geographic expansion and capacity expansion in existing facilities, primarily for its Deckorators and Site Built and Packaging segments. The company plans to invest approximately USD 300 million to USD 350 million in capital projects in 2025.
• Dividend payments. On23. April 2025, the Board of Directors of UFP Industries approved a quarterly dividend payment of $0.35 per share, an increase of 6 percent over the quarterly dividend of $0.33 per share paid during 2024. The dividend is payable on June 16, 2025 to shareholders of record on June 2, 2025.
• Share buybacks. On April 23, 2025, the Board of Directors of UFP Industries authorized the Company to repurchase up to $200 million of shares from July 24, 2024, through July 31, 2025, to $300 million over the same period. Since July 24, 2024, the company has repurchased 1,624,069 shares at an average share price of €105.93 ($172 million in total). In the first quarter of 2025, the company bought around 649,060 shares at an average share price of € 108.00 (USD 70.1 million in total) and bought around 1,022,493 shares in April at an average share price of $104.65 (USD 107 million in total). As of April 28, 2025, the company has invested $122 million in its buybacks.

Short-term outlook

Impact of tariffs: We are working closely with our domestic and international suppliers to manage the recently proposed tariffs on several of our raw materials, which have been suspended in Mexico and Canada Should tariffs be imposed, demand for domestic products is likely to increase, which will likely result in higher costs given capacity constraints. Although the trade landscape is constantly evolving, as we do not own any foreign sawmills and have excellent relationships with our sawmill partners, we are currently in a strong position to adapt quickly to tariffs after a short adjustment period without significant financial disadvantage. The company will continue to monitor the market and make decisions quickly to minimize disruption.

End market demand: We expect weaker demand and a competitive pricing environment to continue until the end of 2025. Overall demand in all our segments will decline slightly. We assume that a decline in locally built products will be partially offset by an increase in factory-built products.

Long-term goals

The company's long-term goals remain unchanged and include: 1) annual sales growth of 7 to 10 percent (including bolt-on acquisitions) and at least 10 percent of total sales from new products; 2) achieving an EBITDA margin of 12.5 percent; 3) achieving an incremental return on new investments above our minimum return; and 4) maintaining a conservative capital structure.

$UFPI (+1,84 %) announces a $77 million investment in the construction of a new Deckorators facility on a 12-acre site in Lackawanna, New York. The project includes 22,000 square feet of manufacturing and warehouse space and marks Deckorators' first manufacturing location in the Northeast. The plant will be operational by the end of 2025 and is expected to double the production capacity of Deckorators' Surestone composite decking product, according to UFP Industries.

The new facility is part of a $250 million, five-year plan to expand Deckorators' product line. The site will create approximately 60 jobs, including production, logistics and administrative positions. Approval for tax incentives from the Erie County Industrial Development Association was granted in March 2025. Construction will begin in April.

Deckorators has expanded its retail presence to 1,500 locations nationwide. The company's Surestone technology uses a mineral-based composite material instead of traditional wood-plastic blends, offering greater durability and better heat resistance. The brand also expanded its market presence at the International Business Show and through a new partnership with the PGA TOUR.

GRAND RAPIDS, Michigan - UFP Industries, through its subsidiary UFP Packaging, LLC, has acquired the assets of C&L Wood Products, Inc. an Alabama-based manufacturer specializing in pallets and mulch. The transaction announced today expands the reach of UFP's PalletOne business unit in North Alabama and Central Tennessee.

C&L Wood Products, which reported sales of $24.8 million for the trailing twelve months through November 2024, will continue to operate under the leadership of the existing management team, including President Henry Bowman and Operations Manager Frank Janek. The acquisition is expected to strengthen PalletOne's production capabilities and expand its customer base in the region.

Justin Elwell, executive vice president of PalletOne, emphasized the strategic importance of the acquisition, citing the opportunity to expand the reach of PalletOne's machined pallets and leverage C&L's facilities for growth.

C&L, founded in 1975 and acquired by Henry and Blythe Bowman in 1996, has grown from a small operation with ten employees to a significant business with approximately 115 employees serving customers within a 240-kilometer radius.

Henry Bowman expressed his excitement about the merger, highlighting the innovation potential and growth opportunities that the combined expertise of both company teams could bring to customers and employees.

UFP Industries, a holding company with subsidiaries in construction, packaging and retail solutions, is a major player in the manufacturing sector, offering a wide range of products for residential, commercial and industrial applications. Founded in 1955 and headquartered in Grand Rapids, Michigan, the company is a Fortune 500 company and is included in Industry Week's list of America's largest manufacturers. With a solid gross margin of 19% and a strong return on equity of 14%, InvestingPro's analysis suggests that the stock is currently undervalued. Over 10 additional ProTips are available for subscribers.

This expansion is part of UFP Industries' broader strategy to expand its product offering and service capabilities throughout the United States. Financial details of the acquisition were not disclosed. Information on this acquisition is based on a press release.

In other recent news, lumber and paper stocks, including West Fraser Timber Co. Ltd, UFP Industries, Inc, Weyerhaeuser Company, Louisiana-Pacific Corporation and Interfor Corporation, posted sizable gains. Analysts at TD Cowen and Truist highlighted the sector's price increases due to rising commodity prices. Major producers, including Cascades Inc, have announced plans to increase containerboard prices from January 1, 2025, with price increases of between USD 70 and USD 90 per tonne proposed.

On the other hand, UFP Industries Inc. reported a decline in revenue and adjusted EBITDA in its third quarter 2024 earnings report amid a slowing economy. Despite a 10% decline in revenue to $1.65 billion and a 21% decline in Adjusted EBITDA to $165 million, the company remains optimistic about its long-term growth prospects. UFP Industries is focused on strategic cost reductions and is prepared to buy back shares.

Source: investig.com

more $UFPI (+1,84 %) Contributions - https://app.getquin.com/de/post/CwVfXpBUIb

#industrie
#usa
#wachstum

UFP Industries $UFPI (+1,84 %)

UFP Industries, Inc. is a holding company whose operating subsidiaries - UFP Packaging, UFP Construction and UFP Retail Solutions - manufacture, distribute and sell a wide variety of value-added products used in residential and commercial construction, packaging and other industrial applications worldwide.

After more than 13 years of transformational leadership and as part of a planned succession strategy Matthew J. MissadChairman and CEO of UFPI, announced that he would be taking on a new role to prepare for the next generation of leadership and usher in a new era of growth for the company. Effective with the start of the new fiscal year on 12/29/2014, Mr. Missad Executive Chairman and William Schwartzthe current President of the company's retail business unit, will become Chief Executive Officer. Chief Financial Officer Michael Cole will assume the title of President of Corporate Services in addition to his current responsibilities to further strengthen the management team.

By the end of 2024 Missad work closely with Schwartz to manage the transition and fill the vacancies created by the promotion. Missad has agreed to remain Executive Chairman until 2026 to support Schwartz in his role as CEO and support him as needed. He will also manage shareholder relations and continue to maintain long-standing customer and supplier relationships.

Missad has been CEO since July 2011. Under his leadership, the company has made significant changes and improvements, including the creation of a new operating structure based on market segments rather than geography. This change has resulted in better alignment with customers, faster decision making and increased focus. Missad also placed greater emphasis on innovation and new products, which increased the company's share of value-added products while dramatically increasing the company's profit margins. Since his appointment as CEO, the company's share price has increased by more than 1500% and the sales have risen from 1.8 billion dollars in 2011 to 7.2 billion dollars in 2023.

Schwartz joined UFP in 1998 as a sales trainee and over the years has held positions of increasing responsibility, including Account Manager, Sales Manager, Regional Sales Manager and Executive Vice President. In 2023, he was appointed President of UFP Retail Solutions, the largest business segment.

UFP Retail Solutions specializes in garden and home products, including brands such as ProWood pressure-treated lumber, Deckorators decking and accessories, and UFP-Edge siding, patterns and trim.

Brief presentation of the next share, which is number 7 in my portfolio.

$UFPI (+1,84 %) - UFP Industries

UFP Industries is a holding company that is divided into the following segments.

UFP Construction (house building)

UFP Retail Solutions

UFP Packaging (packaging for automotive and agriculture)

The company has 222 production sites worldwide with more than 15,000 employees.

Each of UFP's segments accounts for about 1/3 of the entire company and is therefore well diversified.

Dividend yield is around 1%

UFP has been increasing the dividend for 11 years, no reduction for 30 years.

Payout (payout from profit) is 13%

Average increase over the last 5 years 25%, over the last 10 years 22%

Market cap 7.0 B

P/E RATIO 13

Source: www.ufpi.com

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If you can come up with any other great companies from the industrial sector and 🇺🇸, please let me know. I am curious.

#aktie
#investment
#depot
#depotupdate

Taxes on ETFs and accumulating vs. distributing ETFs - https://app.getquin.com/de/activity/LibXHTQOpR

Ideas:

• Alimentation Couche-Tard $ATD (-0,02 %) - https://app.getquin.com/de/activity/EFpkdvafIX
• American Electric Power $AEP (-0,11 %) - https://app.getquin.com/activity/QvWcQyBjVI
• Nevada Lithium Resources $NVLH (-0,62 %) - https://app.getquin.com/activity/PsKSiDnzoA
• Depot update with UFP Industries $UFPI (+1,84 %) - https://getqu.in/iF7gsW/
• Service Corp. $SCI (+1,33 %) - https://app.getquin.com/de/activity/VnBlzyVBWt
• Vici $VICI (-0,93 %) - https://app.getquin.com/activity/kQlzTleLvb
• Weyerhaeuser $WY (+0,82 %) - https://app.getquin.com/activity/dQhUxgWTE
• Wienerberger $WIE (+0,45 %) - https://app.getquin.com/de/activity/rslGhWTgOs

Small Change Depot:

https://app.getquin.com/de/post/aSDtbJRBTL/kleingeldkasse

Alternative Investments:

• Group investment in startups - https://app.getquin.com/activity/JuBXeMoSAA

Recently $UFPI (+1,84 %) exited the Tenbagger sub-portfolio. Although the stock has performed very well so far in just 7 months (22% price growth + dividends], the high amount to be paid out as part of the revenue cleanup makes the stock less attractive. Now I have again sold a stock from the Teebagger portfolio: This time, from $NVDA (+3,76 %) hit. From the beginning, the stock did not meet the criteria of the investment strategy I follow in this sub-portfolio. It was simply ordered as a result of the polls on Instagram, the community had so decided. However, the whole thing has now run extremely hot. With a of over 100% in 1.5 years, the performance is anything but bad. However, with a P/E ratio at just under 250 and a temporarily negative PEG ratio (price rises extremely, although profits or earnings per share declined), the share does not fit into the investment strategy at all.

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Of course, the share can continue to rise, no question. In particular, the current trend topic "AI" is driving the share up. However, the current profits at least do not justify the valuation. A real teabagger potential is also not realistic here. At a fairer valuation, I can imagine adding the stock to another portfolio again. But only time will tell! :)

I had actually completed the "Tenbagger after Lynch" sub-portfolio with 10 different positions. However, I had previously also communicated that I would like to $UFPI (+1,84 %) would like to sell again. The background for this is not that the Unternhehmen or the share runs worse or has reached the end upwards, but solely the high amounts to be paid due to impure income. The share still meets the

the Sharia criteria for Muslim investors, the combination of relatively high impure shares and high turnover makes the share less attractive (purification of impure shares is based on turnover).

Links to the individual sub-portfolios of Public Depot can be found in my profile pinned above.

More details about the above mentioned problems, for example how to pay attention to such points in the stock selection, I have already explained in detail on Patreon:

https://www.patreon.com/posts/81149755?utm_campaign=postshare_creator

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I make myself then again on the search for a potential Tenbagger according to the definition of Lynch 👀 The 10th company is missing again! 😁

This has been a long marathon, finally the sub-portfolio is complete - at least for now. It took us a little longer than a year to reach the intended number of 10 different stocks! 😄

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What do you think about the selection? Would you have replaced one stock with another? 🤔

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At this point, it is worth mentioning that I have already initiated the sale of UFP Industries. The reason for this is not that I am not convinced by the performance, but the "post-treatment" of the return: the income cleaning extremely reduces the return in that case. Lastly, in a Patreon post, I had explained again in detail what you should pay attention to when selecting stocks related to revenue cleansing (note: it is not only the share of impure revenue that matters) 😁

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Do you guys have a replacement candidate for UFP? 🤔

#halal
#investieren

Current tenbagger portfolio:

$FIVE (+3,9 %)
$NVDA (+3,76 %)
$WCH (+1,94 %)
$CPRT (-1,43 %)
$TRI (+0,07 %)
$BOOT (+0,99 %)
$UFPI (+1,84 %)
$WSM (+1,73 %)
$BILL (-1,73 %)
$AMN (+1,55 %)

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