CSW Industrials Inc. reported its financial results for the fiscal year ending March 31, 2025. The company reported net revenues of $617.3 million, marking an increase of $80.8 million, or 15.1%, compared to the previous fiscal year. This growth was partially attributed to the acquisitions of Dust Free, PSP, and PF WaterWorks, contributing $47.5 million or 8.9% to the revenue increase. Excluding these acquisitions, organic sales rose by $33.3 million, or 6.2%, driven primarily by higher unit volumes and pricing actions. The company's operating income increased to $165.9 million, up from $142.0 million in the prior year, while the operating margin improved to 26.9% from 26.5%. The rise in operating income was supported by strategic inventory adjustments, despite an unfavorable product mix and increased shipping expenses associated with the strategic transfer of inventory to international locations. Net revenue saw increases in the HVAC/R, electrical, and plumbing end markets, while the architecturally-specified building products end market experienced a decrease. The results reflect CSW Industrials' focus on niche, value-added products across its three business segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions.
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