Installed Building Products

On , we want to express our heartfelt thanks to our incredible team and loyal customers. Your dedication and trust drive us to keep delivering our best every day. We wouldn’t be where we are without each of you. Thank you for being an essential part of the IBP family!

Today marks an exciting step forward at Advanced Fiber Technology in Bucyrus as we celebrate the opening of its second production line. This isn't just about expanding AFT's capacity- it's about reinforcing our commitment to innovation, sustainability, and the communities we serve.

Thank you to the AFT team and local vendors for your dedication and hard work. Together, we're building a stronger future in insulation solutions.

Installed Building Products is proud to support Huckleberry House, Inc. in their mission to shelter, support, and guide youth in need. Our grant helped support Huckleberry House as it provided:

· 393 episodes of service and 2,617 nights of shelter in the Teen Crisis Shelter
· 242 episodes of counseling services
· 502 engagements through the Youth Outreach Program
· Housing support for 138 youth in the Transitional Living Program

Our partnership helps ensure that more young people in our community have access to the critical resources they need to thrive.

We’re excited to share that Jerod Hickey, our Director of Accounting and Finance, has joined the Leadership Columbus Signature Program Class of 2025!

Over the next 10 months, Jerod and 57 other participants will take part in sessions focused on leadership development and gaining a deeper understanding of our community’s needs. This program has a long history of preparing individuals to step into community leadership roles, and we’re proud to see Jerod take part in this year’s class.

Congratulations to the Class of 2025! We look forward to supporting your journey and the positive impact you'll make.

Today, on National Nonprofit Day, we reflect on the incredible non-profits we’ve been able to support during five-years of corporate giving. Since 2019, IBP and our employees have supported over 115 nonprofits across the country and we are so thankful for the amazing work they do to strengthen the communities where our employees live and work.

At Installed Building Products, we believe in the importance of financial well-being for all our employees. As part of our commitment, we offer the Truist Momentum: Installing Financial Confidence program. This online financial education program helps our team members achieve financial wellness and reach their goals.

Learn more about how we're helping our employees build a brighter financial future and how you can join our team today! https://bit.ly/3mepUUn

We are proud to be a part of the Columbus community and had a great time at the Latino Fest this weekend. If you're looking for a career where hard work has its rewards, take a look at our current offerings and join the IBP family: https://bit.ly/3mepUUn

Another successful Pelotonia weekend is in the books! Team IBP is proud to have contributed $20,000 to the fight against cancer. Thanks to all the riders and supporters who make this event possible!

Every mile Installed Building Products employee, Joe Grosik, rides in Pelotonia is dedicated to his late wife, Peggy Sue. This year, Joe rides 100 miles in her memory, fueled by the passion to fund critical cancer research. Join us in cheering him on as he rides to inspire others to keep fighting for a cure!

Today, we announced the results of our second quarter, which ended June 30, 2024.

Some highlights include:
- Net revenue increased 6.6% to $737.6 million
- Net income increased 5.8% to a second quarter record of $65.2 million
- Adjusted EBITDA* increased 6.3% to a second quarter record of $129.8 million

View the full quarterly statement for more insights:

Installed Building Products Reports Record Second Quarter 2024 Results; Declares Regular Quarterly Cash Dividend | Installed Building Products, Inc. The Investor Relations website contains information about Installed Building Products, Inc.'s business for stockholders, potential investors, and financial analysts.

We are happy to announce the acquisition of Euroview a company specializing in shower doors, shelving, and mirrors. They expand our presence in the Midwest, focusing on new single-family and multi-family construction projects throughout Illinois and Minnesota.

We warmly welcome Euroview to our team and look forward to new opportunities together!

Read full press release: https://bit.ly/4c42QMr

Our team is enjoying Southeast Building Conference! We hope everyone is having a great time at the show. Stop by Booth 1019 and see us!

Happy Independence Day!

Enjoy the festivities and stay safe as we continue working on building a better future, one project at a time.

We are honored to receive the National Preferred Partner Award from David Weekley Homes for the fourth year in a row!

Thank you to our amazing team and partners at David Weekley Homes for their trust and collaboration.

Installed Building Products Awarded With “National Preferred Partner” Distinction for Fourth Year in a Row | Installed Building Products, Inc. The Investor Relations website contains information about Installed Building Products, Inc.'s business for stockholders, potential investors, and financial analysts.

We enjoyed spending the last few days with our friends at D.R. Horton Homes!

It's official! We’re pleased to introduce the acquisition of Thrice Energy Solutions. Thrice, based in Oklahoma City, expands our presence in Oklahoma and Texas with fiberglass and spray foam insulation services.

Welcome to the IBP family, Thrice!

Read more here: https://bit.ly/3Vuxk3V

Happy Father's Day to all the dads who build with love and dedication. We appreciate everything you do!

Please join us in welcoming another addition to our growing IBP Family - Gutter Pro Enterprises!

Based in Plymouth, Massachusetts, Gutter Pro specializes in gutter installation services for residential and commercial properties across Massachusetts and Rhode Island. Their expertise expands our building product installation capabilities in the Northeast Region.

Strengthening the communities we serve has always been a foundational pillar of our giving strategy. Ronald McDonald House Charities of Central Ohio is responsible for keeping families close by providing a home-away-from-home to families of seriously ill children. With our grant to Ronald McDonald House Charities of Central Ohio, we furnished 26 new guest rooms and IBP volunteers helped to assemble furniture for those rooms.

We're proud to support families like the Buchanans, who live in Virginia and have stayed at Ronald McDonald House Charities of Central Ohio at least seven times, who say, "If you've got to be away from home, this is the place to be."

This Memorial Day, we reflect on the courage and sacrifices of those who have defended our freedom. Let us honor and remember them.

At Installed Building Products, we are committed to meaningful community engagement. Within the past five years, our grants have helped support organizations like the Youth Assistance Coalition, where we've helped provide a safe haven and crucial resources to over 300 young people.

Today we announced the results of our first quarter, which ended March 31, 2024.

Some highlights include:
- Net revenue increased 5.1% to $692.9 million
- Installation revenue increased 5.3% to $655.9 million, as single-family and multi-family sales growth combined with sales from IBP's recent acquisitions
- Other revenue, which includes IBP’s manufacturing and distribution operations, increased to $37.0 million from $36.6 million
- Net income increased 13.4% to a first-quarter record of $55.9 million
- Adjusted EBITDA* increased 11.6% to a first-quarter record of $117.3 million

To see all of the results from our quarterly statement, please visit:

Installed Building Products Reports First Quarter 2024 Results; Declares Regular Quarterly Cash Dividend | Installed Building Products, Inc. The Investor Relations website contains information about Installed Building Products, Inc.'s business for stockholders, potential investors, and financial analysts.

At IBP, we're dedicated to empowering students and building stronger communities. By supporting this $10M campaign with our own financial contribution, we will help reach more K-12 students in urban, rural, and suburban areas, providing them with vital financial literacy, workforce readiness, and entrepreneurship education.

HUGE NEWS! 🙌 We are proud to announce the $10M "Achieve More Campaign", that empowers students and builds strong communities! All funds raised will go toward reaching more K-12 students in rural and suburban areas, providing them with the financial literacy, workforce readiness, and entrepreneurship education that they need to succeed.

Thank you to our major donors Bread Financial, American Electric Power - AEP Foundation, and Nationwide Foundation for believing in our mission and donating $1M each. The progress we've made is due to all of the amazing leaders in our community.

Huge thank you to Columbus Business First and Zachary Jarrell who wrote such a wonderful story about it. Read about Achieve More using the link below!

https://centralohio.ja.org/news/press-releases/nonprofit-s-s10m-campaign-underway-with-big-ticket-donations-for-facility-upgrades-and-expansion

Strengthening the communities we serve has always been a foundational pillar of our overall giving strategy. As we reflect on the past five years of corporate philanthropy, our previous grants to Women Under Construction Network through the R.E.P.A.I.R Angels has helped enhance the lives of elderly community members by enabling them to attend DIY home repair classes, boosting their confidence and engagement. In addition, over 40 homes have been repaired and 207 individuals have been empowered through education.

Last week, during National Volunteer Week, our dedicated IBP team had the privilege of volunteering at Mid-Ohio Food Collective's Mid-Ohio Market. Together, we restocked shelves and prepared the market for our community members. We're proud to support such an important cause and give back to the community that supports us all year round!

On this Earth Day, let's reflect on our commitment to sustainability. Our customers are creating homes in the houses we build with them, including keeping their families safe and warm while saving energy. We do so by using environmentally responsible materials. Over 80% of our insulation sales consist of fiberglass, with 50-80% recycled material, while our cellulose insulation is crafted from at least 75% recycled waste paper and cardboard. Our insulation products reduce carbon emissions through energy efficiency.

Together, let's continue to build a greener future.