By Elias Schisgall

Worthington Enterprises will acquire metal-roof component maker LSI Group for $205 million in cash.

Consumer- and building-products manufacturer Worthington said Tuesday that LSI, which operates in the commercial metal-roof market, would strengthen its building-products business segment.

Worthington Enterprises will fund the acquisition using cash on hand and borrowings from its revolving credit facility.

The Columbus, Ohio, company said demand for roofing systems is expected to continue growing.

"We believe the business is well positioned with new construction and retrofit solutions to help OEMs and installers build stronger, longer-lasting structures that protect people and property for generations to come," Jimmy Bowes, president of the company's building-products segment, said.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

By Elias Schisgall

Worthington Enterprises is acquiring LSI Group for approximately $205 million in cash as the consumer and building products manufacturer reported revenue growth in the fiscal second quarter.

The company said Tuesday that LSI, which operates in the commercial metal roof market, would strengthen the company's building products business segment, which has driven revenue growth for the company in recent quarters.

It will fund the acquisition using cash on hand and borrowings from its revolving credit facility. The acquisition is expected to close in January.

Worthington posted a second-quarter profit of $27.3 million, or 55 cents a share, compared with $28.3 million, or 56 cents a share, a year earlier.

Stripping out certain one-time items, adjusted earnings were 65 cents a share, behind analysts' prediction of 70 cents a share, according to FactSet.

Revenue rose to $327.5 million, compared with $274 million. Analysts were targeting $310.6 million in revenue.

In the company's buildings products segment, revenue jumped to $207.5 million, up from $157.3 million a year earlier. Consumer products revenue rose to $119.9 million from $116.7 million, as the company said consumers are remaining cautious in this macroeconomic environment.

The company said demand for roofing systems is expected to continue growing, adding that the deal fits into the company's growth strategy of pursuing acquisitions in niche markets.

"The addition of LSI will further strengthen our Building Products portfolio and deepen engagement with customers across the entire building envelope," Chief Executive Joe Hayek said.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

December 16, 2025 16:46 ET (21:46 GMT)

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