Apr. 28 at 8:27 PM
$SSD Simpson Manufacturing reaffirms prior 2025 financial outlook
The company is reaffirming its prior 2025 financial outlook after a reevaluation of business conditions, given the uncertainties noted below. As of April 28, 2025, the company's outlook for the full fiscal year ending December 31, 2025 is as follows: Given the uncertainty regarding 2025 U.S. housing starts compared to prior year housing starts, consolidated operating margin is estimated to be in the range of 18.5% to 20.5% with the low end of the range based on flat to declining 2025 housing starts compared to prior year and price increases implemented in 2025.
The operating margin range includes a projected benefit of between
$10.0 million to
$12.0 million from the sale of the Gallatin property based on a contracted sales price of
$19.1 million. The effective tax rate is estimated to be in the range of 25.5% to 26.5%, including both federal and state income tax rates as well as international income tax rates, and assuming no tax law changes are enacted.
Capital expenditures are estimated to be in the range of
$150.0 million to
$170.0 million, which includes approximately
$75.0 million remaining for both the Columbus, Ohio facility expansion and the new Gallatin, Tennessee fastener facility construction.
