Fortune Brands Celebrates Five-Year Anniversary: Built The Foundation To Drive Continued Growth & Delivered Exceptional Returns For Shareholders

Fortune Brands Home & Security, Inc. (NYSE: FBHS), an industry-leading home and security products company, celebrated its five-year anniversary as an independent company - a critical period of time where it built a solid foundation to drive both organic and incremental growth over the long-term while also delivering exceptional returns for shareholders.

"We are proud of our accomplishments during this short period of time. We laid the foundation for core growth by building a stronger business model, and deployed capital in value-creating ways to drive incremental growth," said Chris Klein, chief executive officer, Fortune Brands. "Our combined efforts have positioned the business well for future growth and performance, while delivering consistently strong results."

Over the last five years, Fortune Brands built upon its structural competitive advantages and leading market share positions, created stronger operating capabilities and platforms, invested in capacity and productivity, strengthened its management team, and drove new products and programs in more profitable channels.

The Company also grew incrementally by deploying $1.4 billion in cash to complete several strategic acquisitions, including WoodCrafters cabinets, Norcraft cabinets, SentrySafe security products and Riobel, ROHL and Perrin & Rowe plumbing products. The Company also repurchased more than $900 million in shares, in addition to initiating and steadily increasing its dividend.

During this same period of time the Company nearly doubled sales, more than doubled its operating margin and increased EPS nearly five-fold.

Most recently, the Company demonstrated its continued commitment to drive both organic and incremental growth by forming the Global Plumbing Group (GPG), which now includes the portfolio of Moen, Riobel, ROHL and Perrin & Rowe. Similar to the structure of the Cabinets segment, which was created to operate and grow a multi-brand, -channel and -geography business, the GPG is a strategic step to accelerate future growth opportunities as the Plumbing business looks to grow sales to $2.5 billion by 2020.

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