Gibraltar Strategically Shifts Focus to Building Products and Structures Businesses
1. Gibraltar Industries plans to sell its Renewables business to refocus on core areas. 2. The move aims to enhance growth, margins, and shareholder returns. 3. Renewables segment classified as discontinued operations; updates expected in 2025. 4. Management continues to engage investors and financial advisors during this transition. 5. Market risks include finding a buyer and securing suitable sale conditions.