Today we reported results for fiscal 2024 fourth quarter that ended May 31. View the release here https://bit.ly/4cjdOP6 Andy Rose, president and CEO, Worthington Enterprises, said, “We finished our fiscal year with a respectable fourth quarter delivering adjusted earnings per share of $0.74. Building Products had a solid quarter benefiting from strong contributions from WAVE and our water business but was offset by lower contributions from ClarkDietrich which faced some margin compression. Consumer Products performed well despite headwinds due to volume being pulled ahead into the previous quarter and some softening in consumer spending. While both segments saw lower volumes, the overall health of the company is good. Our employees continue to deliver, and I could not be more proud of the focus and hard work they carry out every day.”
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Our Columbus, Ohio, manufacturing facility recently hosted two Family Days where more than 115 family members of the location's employees gained a behind-the-scenes look at our operations. Activities included facility tours, safety briefings, presentations about how our products are made and a scavenger hunt. This event was organized by the Employee Council at the Columbus manufacturing facility. Employee Councils are a longstanding tradition at Worthington Enterprises.
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We Transform. More than 60 years ago, we transformed traditional air-over-water tanks with the release of the industry’s first pre-pressurized well tank of its kind, the Well-X-Trol tank. Today, this tank remains “well above the rest” with many unique features including high-strength steel to deliver a working pressure 20% higher than competitive tanks, a coating that stands up to even the most severe weather conditions and a water-circulator with an antimicrobial liner to provide Clean Water Technology in every tank. Learn more about Well-X-Trol here https://bit.ly/3zrnOY7
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We Lead. Regulatory Affairs Manager Jonas Berglund helped to facilitate an educational workshop earlier today for attendees of the European Liquid Gas Congress. Jonas and other experts focused the session on “Everything you wanted to know about standards but were afraid to ask.” During the session, presenters outlined the benefits of standards and the standardization process, requirements of the industry, and how and why standards have been developed and their impact on society. Hexagon Ragasco
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Our Company is honored to be included in USA TODAY’s most recent listing of America’s Climate Leaders. Worthington is one of 450 companies recognized for their progress in decreasing their carbon dioxide emissions. Sustainability is a core tenant of the Worthington Business System that is a documented method to achieve our Company’s goals and growth strategy. As a result, we continue to make strategic choices to reduce our environmental footprint, innovate more sustainable offerings, improve processes through technology, and expand and deepen commitments within our communities.
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This June and throughout the year Worthington Enterprises is celebrating PRIDE! Employees are participating in PRIDE month events in their communities and our PRIDE employee resource group is volunteering in support of LGBTQ organizations. Vanessa Cox, chairperson of our PRIDE ERG said, “I’m proud to work for an organization committed to empowering employees to thrive as their authentic selves. The PRIDE we have in our people and our communities is certainly worth celebrating!"
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We Innovate. We Transform. We Lead.
Thank you, Bob Vila, for the high praise for our Halo Pizza Oven! 🍕 🏆 https://lnkd.in/g9tXzkpA
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