Armstrong World Industries (AWI)

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Armstrong World Industries, Inc. Press Releases

A Collection of Armstrong World Industries, Inc. Press Releases

Armstrong World Industries to Webcast Investor Day Presentation Live on May 23, 2012
Monday May 14th 2012 02:10:00 PM

table.hugin { border-color:black;} td.hugin { padding: 3px; border-color:black;}     LANCASTER, Pa., May 14, 2012 - Armstrong World Industries, Inc. (NYSE: AWI) today announced it will provide a live webcast of its Investor Day being held on May 23rd in New York City. Armstrong's Investor Day will be hosted by Matthew Espe, President and Chief Executive Officer, and the agenda for the day includes: Strategic Overview: What's Next for ArmstrongMatthew Espe, President and CEO  Business Update & Strategic Priority ReviewVictor Grizzle, Executive Vice President and CEO Armstrong Building Products; Frank Ready, Executive Vice President and CEO Armstrong Floor Products Grow...

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Armstrong World Industries Reports First Quarter 2012 Results
Monday April 30th 2012 07:11:48 AM

Key Highlights - Operating income of $41.6 million, down 20% over the 2011 period - Adjusted EBITDA of $82 million, down 11% over the 2011 period - Management announces closure of idled Mobile, AL Building Products facility - Special dividend of $8.55 per share partially funded by incremental borrowing of $250 million under existing credit facility LANCASTER, Pa., April 30, 2012 /PRNewswire/ -- Armstrong World Industries, Inc. (NYSE: AWI), a global leader in the design and manufacture of floors, ceilings, and cabinets, today reported first quarter 2012 results.   First Quarter Results   (Amounts in millions except per share data)   Three Months En...

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Armstrong World Industries to Report First-Quarter 2012 Results April 30
Wednesday April 11th 2012 09:30:00 AM

LANCASTER, Pa., April 11, 2012 - Armstrong World Industries, Inc. (NYSE: AWI) will report its first-quarter 2012 results via a webcast and conference call for investors on Monday, April 30 at 1:00 p.m. Eastern time. Conference call / webcast information and the accompanying slide presentation will be available on the Investor Relations page of www.armstrong.com. To participate by telephone, please dial: (888) 396-2386 (U.S./Canada)   (617) 847-8712 (International)   Participant Passcode: 39265346  News media may listen only. A replay of the conference call will be available until May 7, 2012 by dialing (888) 286-8010 (US/Canada) or (617) 801-6888 (Int'l/Loc...

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Armstrong World Industries Declares Special Cash Dividend
Friday March 23rd 2012 04:10:49 PM

LANCASTER, Pa., March 23, 2012 /PRNewswire/ -- Armstrong World Industries, Inc. (NYSE: AWI) today announced that its board of directors has declared a special cash dividend of $8.55 per share.  The dividend will be paid on April 10, 2012 to shareholders of record as of April 3, 2012.  The ex-dividend date will be March 30, 2012.  The dividend will be funded in part by surplus cash on the Company's balance sheet, and in part by the additional $250 million of debt that the Company successfully issued in the term loan B market via an expansion of its existing senior credit facility from $1.05 billion to $1.3 billion.  Standard & Poor's and Moody's have affirmed their credit ratings ...

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Armstrong World Industries Considers Special Cash Dividend
Monday March 12th 2012 04:35:56 PM

LANCASTER, Pa., March 12, 2012 /PRNewswire/ -- Armstrong World Industries, Inc. (NYSE: AWI) today announced that its Board of Directors is considering the payment to shareholders of a special cash dividend of approximately $500 million in the aggregate.    "This approach is a proactive way to efficiently allocate the Company's capital and return value to shareholders at time when conditions in the capital markets are favorable," said Matt Espe, President and CEO. The special cash dividend of approximately $8.55 per share to Armstrong's common shareholders would be funded in part by surplus cash on the Company's balance sheet, and in part by an additional $250 million of debt that t...

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Armstrong to Build Its First Russian Ceilings Plant in the Republic of Tatarstan, Russia
Thursday March 8th 2012 10:37:00 AM

Kazan, Tatarstan – Russia, March 8, 2012 -- Armstrong World Industries, Inc., (NYSE: AWI), the leader in the Russian ceilings market, has announced it will invest up to $100 million (2.4 billion rubles) in its first mineral fiber ceilings manufacturing facility in Russia.  The plant will occupy a 10-hectare plot of land inside the Alabuga Special Economic Zone (SEZ) of the Republic of Tatarstan.  The company is scheduled to break ground in the first quarter of 2013 and open in 2015. Republic of Tatarstan President Rustam Minnikhanov said, “We are honored Armstrong has chosen Tatarstan’s SEZ as the site for its first Russian plant.  Our...

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Armstrong World Industries Reports Fourth Quarter and Year End 2011 Results
Monday February 27th 2012 07:20:14 AM

LANCASTER, Pa., Feb. 27, 2012 /PRNewswire/ -- Armstrong World Industries, Inc. (NYSE: AWI), a global leader in the design and manufacture of floors, ceilings and cabinets, today reported fourth quarter and year end 2011 results and issued 2012 guidance.   Key Highlights Fourth quarter operating income of $21.6 million, up more than $50 million over the 2010 period Fourth quarter adjusted EBITDA of $51 million, up 9% over the 2010 period Ongoing cost savings program target increased to $185 million Management announces construction of mineral fiber ceiling plant in Russia Fourth Quarter Resul...

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Armstrong World Industries to Report Fourth-Quarter and Year End 2011 Results February 27
Tuesday February 7th 2012 10:38:23 AM

LANCASTER, Pa.--(BUSINESS WIRE)--Feb. 7, 2012-- Armstrong World Industries, Inc. (NYSE: AWI) will report its fourth-quarter and year end 2011 results via a webcast and conference call for investors on Monday, February 27 at 1:00 p.m. Eastern time. Conference call / webcast information and the accompanying slide presentation will be available on the Investor Relations page of www.armstrong.com. To participate by telephone, please dial: (866) 270-6057 (U.S./Canada) (617) 213-8891 (International) Participant Passcode: 19698200 News media...

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Armstrong World Industries Announces WAVE Refinancing and WAVE Dividend and Updates Cashflow Guidance
Tuesday January 3rd 2012 07:00:00 PM

LANCASTER, Pa., Jan. 3, 2012 /PRNewswire/ -- Armstrong World Industries, Inc. (NYSE: AWI) today announced the completion of a refinancing and a special dividend payment by WAVE, its fifty percent joint venture with Worthington Industries.  Pursuant to the refinancing, WAVE executed a $225 million three-year revolving credit agreement and a $50 million ten-year private placement bond.  Proceeds of the transaction were used to repay WAVE's previous credit agreement, as well as to pay $50 million special dividends to each of WAVE's parent companies, Armstrong and Worthington. Armstrong CFO Tom Mangas commented that, "This is a good development for all parties involved.  WAVE w...

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Winners Announced in First Annual Armstrong i2r Design Competition
Thursday December 8th 2011 03:00:36 PM

LANCASTER, Pa., Dec. 8, 2011 /PRNewswire/ -- Armstrong World Industries is pleased to announce the winners of the first i2r (ideas 2 reality) professional design competition showcasing Armstrong Commercial Ceiling & Flooring products in either an "idea" or a "reality" stage.  Four winners were selected from almost 140 projects submitted from throughout the United States. To view the multimedia assets associated with this release, please click http://www.prnewswire.com/news-releases/winners-announced-in-first-annual-armstrong-i2r-design-competition-135214473.html According to contest judge Anne-Marie Gianoudis, IIDA, LEED AP, Senior Interior Designer at Gresham Smith and Partners,...

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