Good morning to everyone on the call, and welcome Theresa. On the other hand, it had . The stock is currently up 47.4% year-to-date, up 50.4% . References to "market" or "share" data are simply Yeah. Yeah, Phil. Adam Baumgarten -- Zelman & Associates -- Analyst. With over $1 billion in revenue in 2019, AWI has approximately 2,500 employees and a manufacturing network of 14 facilities, plus 5 facilities dedicated to . Please note that members of the media have been invited to listen to this call . Found inside – Page 44Dan Zvonek Director , Investor and Public Relations American Stores Co. ... Consumer Affairs Armstrong World Industries P.O. Box 3001 Lancaster , PA 17604 ... Armstrong World Industries, Inc. (AWI) is a global leader in the design and manufacture of innovative commercial and residential ceiling, wall and suspension system solutions in the Americas. This lab allows for design and product experimentation, as well as the collection of important data to demonstrate the benefits of various designs, products and solutions for total indoor environmental quality. Our WAVE joint venture also had an excellent quarter. I will now hand the call back to Vic Grizzle CEO for closing remarks. ET. I'm sorry. Vic, I had a general question about what do you think the potential impact of the Delta variant or some other variant that we may see here over the next 6 months or a year might be like. I think, let me just step back, the reference you made to retail and office within the bidding activity, and it really was a standout improvement in bidding activity in those two areas. Armstrong World Industries, Inc. (NYSE:AWI)Q4 2008 Earnings CallFebruary 26, 2008 10:00 am ETExecutivesBeth Riley - Vice President Investor Relations and Communications.Michael Lockhart -. I know that you talked about the sequential increase that you've seen in office and retail in the second quarter. Great, thank you. As a result we hear from our customers that our ability to be a consistent and reliable supplier distinguishes Armstrong, not only in the ceiling space, but in the broader commercial construction market as well. Good morning, ladies and gentlemen, and welcome to the Q2 2021 Armstrong World Industries, Inc. Earnings Conference Call. Theresa Womble-- Director of Investor Relations. This was partially offset by higher SG&A cost, driven by continued growth investments in our healthy spaces and digitalization efforts. Amy P. Trojanowski SVP, Chief Financial Officer T: 717-672-9300 IR@armstrongflooring.com Armstrong World Industries (AWI) came out with quarterly earnings of $0.84 per share, missing the Zacks Consensus Estimate of $0.96 per share. So those are two very big markets for us, so it is good to see. The Investor Relations website contains information about Arch Resources, Inc.'s business for stockholders, potential investors, and financial analysts. Armstrong World Industries Investor Presentation February 23, 2021 Exhibit 99.3. But I ask, I wonder backlog, demand AWI versus others. Found inside – Page 9... a subsidiary of Armstrong World Industries - a modest transaction along classic lines that signals the degree to which " normality " is returning to US - Mexican investor relations . Pepsi's Coup . Pepsi's acquisition of Gamesa was ... We undertake no obligation to update any forward-looking statements beyond what is required by applicable securities law. We generated $100 million of adjusted EBITDA, which was a 44% increase from prior year results and our adjusted EBITDA margin expanded a 160 basis points. Okay. Armstrong World Industries, Inc. (NYSE:AWI)Q4 2008 Earnings CallFebruary 26, 2008 10:00 am ETExecutivesBeth Riley - Vice President Investor Relations and Communications.Michael Lockhart -. Dave serves as Senior Vice President, Product and Innovation. The speed and cost advantages these digital platforms offer customers are not only industry-leading, but they represent a step change in design outcomes for both architects and contractors. The trends of densification are reversing and the focus on air quality has been redefined and changed forever. Again, with the higher activity being on operations and renovations, which is what you would expect in this environment. So, we're balanced about it, but we're watching it very closely in terms of its impact on the rate and pace of of construction activity in the back half of the year. We are pleased with the progress thus far of integrating the 2020 acquisitions, and as sales accelerate through the back half of the year, we expect our margins to continue to improve. And your expectations for that, as we go through the second half and then into '22? Armstrong World Industries, Inc. (NYSE:AWI) Q1 2018 Earnings Conference Call April 30, 2018 11:00 AM ET Executives. In the process, we became North America's largest producer of resilient flooring products. Yes. Well, we look at the bidding activity across the construction types. And also of the territories all seven of them improved including New York City. And how we should be thinking about their contribution to the business going forward? Framework Ventures. And again, as I stated in my remarks, we expect to be at 2019 or above exiting the year. So that's something we're counting on, and I don't expect any price mix impacts from our price realization efforts that way. We also continue to make progress with our digital efforts with another quarter of sequential growth from the canopy and project works platforms. Led the global FP&A group for Armstrong's largest division with sales of $1 . Johnston has served as an Independent Director of Armstrong World Industries since 2010. Armstrong World Industries Canada Ltd has 240 total employees across all of its locations and generates $63.50 million in sales (USD). Sales for the first 6 months of the year were up 18% and adjusted EBITDA increased 12%. That's very helpful color. Thanks, Theresa. Again that's providing some additional, I think optimism for the recovery is well underway. The work we've been able to accomplish despite the challenges of the pandemic has put us in a strong position to capture the opportunities emerging as the economy recovers. I have not seen that or hence of that. This is an adjustment we are introducing this quarter because we believe it provides a more meaningful comparison of operating performance between periods. Is it kind of a function of people kind of returning back to work? “I have deeply valued his strong financial acumen, as well as his strategic insights, as we navigated a consistent path to delivering shareholder value and positioning the company for sustainable growth and value creation.”, “As I reflect on my time at Armstrong, I can truly say these have been the most memorable and rewarding years of my career,’ said MacNeal. You'll see an increased depreciation and amortization being driven by the finalization of the purchase accounting for our December acquisition of Arktura. Net debt at the end of the quarter was $559 million and our net debt to EBITDA ratio of 1.6 times, as calculated under the terms of our credit agreement remains well below our covenant threshold of 3.75 times. Is the choppiness more on the new construction business, which has a lag factor from last year. Ken, to your point. So they are not meaningful contributors in the first half of this year. . During this call we will be making forward-looking statements that represent the view we have of our financial and operational performance as of today's date, July 27, 2021. On Slide 5, we begin with our consolidated second quarter 2021 results adjusted sales of $280 million were up 38% versus prior year adjusted EBITDA grew 44% and EBITDA margins expanded a 160 basis points. AWI's Finance teams are engaged in every aspect of our business, with roles in Accounting to Treasury to Investor Relations and P&L support. Found inside – Page 15... President Banking - Assistant Treasurer Corporate Finance - Asst . Treasurer Insuranca / Risk Management Asst . Treasurer Investor Relations Manager Corporate Real Estate Manager Aviation Director ARMSTRONG WORLD INDUSTRIES , INC . Arktura. Our Living Lab, which we recently opened at our headquarter campus showcases partnerships and is a vehicle to drive new innovation for healthy spaces. It's really across geographies, frankly, as well as it is across the construction types. Investor AB to accept Agnafit Bidco's public offer for the shares in Swedish Orphan Biovitrum AB; Emmi Group adds Athenos, the US feta market leader, to its specialty cheeses extensive range in North America; Crédit Agricole S.A. to offer its 175,000 employees worldwide to subscribe to new shares under the 2021 reserved capital increase All our electricity sources will be renewable, and we will dramatically reduce the carbon and water impacts of our products and operations. With our performance through the first half of the year, the favorable macroeconomic trends and with the traction we're seeing in healthy spaces and our digital initiatives we anticipate Mineral Fiber volume growth of 2% to 4% for the full year. With $937 million in revenue in 2020, AWI has approximately 2,800 employees and a manufacturing network of 15 facilities, plus six facilities dedicated to its WAVE joint venture. AUV accelerated pretty nicely in the quarter and you're implying a nice pickup in the back half. And as the market opens back up with a little bit of unease unevenness and some chop, as we talked about on the call, but I love where we're positioned. Armstrong World Industries Canada Ltd is located in Saint-Laurent, QC, Canada and is part of the Plastics Product Manufacturing Industry. And with that lets advance to slide 11, and I'll turn it back to Vic. We're seeing good activity there, but I wouldn't say we've seen kind of a step-up in activity, they're based on government stimulus that's going their way. We're kind of hearing that things are picking up, given some of the surpluses that state and local governments have I would assume, and some of that's going toward schools. In addition, we will design our products to minimize waste and pollution; support recycling, repurposing or reuse; and contribute to the regeneration of natural systems. 1 Comment. 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