Welcome to our dedicated page for Carlisle news (Ticker: CSL), a resource for investors and traders seeking the latest updates and insights on Carlisle stock.
Carlisle Companies Inc (CSL) is a leading innovator in construction materials and weatherproofing technologies, serving commercial roofing, aerospace, and healthcare sectors. This page provides investors and industry professionals with direct access to Carlisle's official news updates and press releases.
Key resources include: Earnings reports, merger and acquisition announcements, product innovation disclosures, and leadership updates. Our curated feed ensures you stay informed on strategic developments impacting Carlisle's market position and operational strategy.
Bookmark this page for real-time access to Carlisle's decentralized business initiatives, quality assurance milestones, and global expansion efforts. Check regularly for authoritative updates directly from the company and verified industry sources.
Carlisle Companies (NYSE: CSL) will announce its second quarter 2021 financial results on July 22, 2021, after the market closes. A conference call is set for 5pm ET the same day to discuss these results. Participants can join via webcast on the company's investor relations page or by phone at 833-968-1983 (domestic) or 647-689-6933 (international), using conference ID 3395544. Carlisle specializes in energy-efficient engineered products, aiming for superior shareholder returns through its Vision 2025 strategy, which includes investments, acquisitions, and share repurchases.
Carlisle Companies (NYSE:CSL) has commenced construction on its sixth TPO manufacturing line, which will produce the first 16-foot-wide TPO membranes in the commercial roofing industry. This new facility in Carlisle, PA, aims to enhance production capacity and support organic growth, aligning with Carlisle's Vision 2025 strategy. The new TPO membranes promise labor savings and improved installation quality with fewer seams and less waste. The line is expected to be operational by early 2022, further solidifying Carlisle’s position as a leader in energy-efficient building products.
Carlisle Companies (NYSE:CSL) has signed a definitive agreement to sell Carlisle Brake & Friction (CBF) to CentroMotion for $375 million. This includes $250 million in cash at closing and a potential additional $125 million based on CBF's adjusted EBITDA targets for 2021. The transaction, part of Carlisle's Vision 2025 strategy to simplify its portfolio, is set to close in Q3 2021 and aims to optimize long-term growth for CBF. In 2020, CBF generated $275.3 million in revenue. The deal reflects Carlisle's focus on expanding its building products segment.
Carlisle TyrFil announced its collaboration with American Forests to plant 300,000 tree saplings in Florida's longleaf pine forest region. The initiative is part of the One Tote, One Tree program, which has already contributed to nearly 250,000 trees being planted over the past decade. This effort addresses the decline in biodiversity caused by habitat loss, particularly affecting species like the red-cockaded woodpecker. Carlisle TyrFil emphasizes its commitment to environmental sustainability through innovative product development that reduces harmful compounds.
Carlisle Companies Incorporated (NYSE: CSL) has announced a dividend of $0.525 per share. This dividend will be payable on June 1, 2021, to shareholders recorded by the close of business on May 17, 2021. The company, headquartered in Scottsdale, Arizona, generated $4.2 billion in revenues in 2020. Carlisle is focused on delivering energy-efficient products and solutions and aims to enhance shareholder returns through strategic investments and continued dividend increases.
Carlisle Companies (NYSE:CSL) reported first quarter 2021 revenue of $1.0 billion, flat compared to Q1 2020. The diluted EPS was $0.97, while adjusted diluted EPS stood at $1.47. The company repurchased 984,000 shares for $150 million. CCM showed a 6.3% sales growth year-over-year, supported by a $60 million investment in a new Polyiso insulation facility in Missouri. Despite challenges in CIT due to the pandemic's impact on commercial aerospace, overall, Carlisle aims for a stronger recovery, leveraging its Vision 2025 strategy.
Carlisle Companies (NYSE: CSL) plans to invest over $60 million to build a new manufacturing facility in Sikeston, Missouri. This 445,000 square foot facility, the 50th for Carlisle’s Construction Materials segment, is aligned with its Vision 2025 strategy aimed at fostering organic growth and creating local jobs. The facility will produce energy-efficient polyiso insulation, enhancing supply chain efficiency and reducing carbon footprint. Construction is expected to start in summer 2021, with operations beginning in Q1 2023.
Carlisle Companies (NYSE:CSL) will announce its Q1 2021 financial results on April 22, 2021, after market close. A conference call is set for 5 PM ET on the same day to discuss these results, accessible via webcast or telephone. The company focuses on generating shareholder returns through strategic investments and acquisitions, as outlined in its Vision 2025 strategy. In 2020, Carlisle generated $4.2 billion in revenues.
