Armstrong world industries reports second-quarter 2023 results

Second-quarter 2023 results net sales up 1% versus the prior-year quarter on strong average unit value ("auv") performance operating income up 22% with 440 basis points of margin expansion and diluted net earnings per share up 21% versus the prior-year quarter adjusted ebitda up 10% with 260 basis points of margin expansion and adjusted diluted net earnings per share up 7% versus the prior-year quarter year-to-date cash flow from operating and investing activities up 43% and adjusted free cash flow up 60% versus the prior-year period lancaster, pa., july 25, 2023 (globe newswire) -- armstrong world industries, inc. (nyse:awi), a leader in the design, innovation and manufacture of ceiling and wall solutions in the americas, today reported second-quarter 2023 financial results featuring strong operating income and adjusted ebitda growth and margin expansion with positive contributions from both the mineral fiber and architectural specialties segments.
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