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Overview
JELD-WEN Holding Inc. (NYSE: JELD) is a globally recognized designer, manufacturer, and distributor of high-performance building products including interior and exterior doors, and a comprehensive array of wood, vinyl, and aluminum windows. With a steadfast commitment to quality, innovation, and energy efficiency, the company has established a strong presence in the new construction, as well as the repair and remodeling markets across North America, Europe, and Australasia. Industry keywords such as manufacturing excellence, energy efficiency, and architectural innovation underscore its role in creating products that combine both durability and superior performance.
Core Business and Operations
At its core, JELD-WEN is dedicated to designing and producing a broad spectrum of building solutions intended for residential homes, commercial facilities, and non-residential projects worldwide. The company maintains an extensive network of manufacturing facilities that enables it to serve builders, architects, and homeowners with products that have been recognized for dependability and innovation. Its business model leverages in-house design and production processes that ensure quality control, while its distribution channels enable effective market penetration and customer reach on a global scale.
Market Position and Competitive Landscape
JELD-WEN occupies a significant position within the building materials industry due to its ability to offer comprehensive product ranges that cater to both new builds and renovation projects. The company differentiates itself in a competitive market by focusing on product durability, streamlined operations, and integration of advanced manufacturing techniques. This focus on quality control and continuous improvement has earned it numerous endorsements and awards, reinforcing its reputation among industry professionals and regulatory partners alike.
Product Excellence and Energy Efficiency
One of JELD-WEN's distinguishing features is its commitment to manufacturing energy-efficient products. The company has a long history of aligning its product development with energy-saving standards, enhancing the performance of its doors and windows to meet modern environmental and building regulations. This commitment not only bolsters its market standing but also provides tangible benefits in terms of long-term energy savings and sustainable building practices.
Manufacturing and Supply Chain Integration
Through its network of manufacturing operations, the company ensures that its product lines meet rigorous design and quality specifications. The integration of cutting-edge production techniques and efficient supply chain management offers customers reliable delivery schedules and sustained performance advantages. This methodical approach to manufacturing reinforces JELD-WEN's ability to navigate complex market conditions and maintain consistent business operations.
Customer Focus and Industry Reputation
The company places a strong emphasis on customer satisfaction by consistently delivering products on quality, performance, and aesthetic appeal. JELD-WEN’s dedication to understanding the evolving needs of builders and architects is reflected in its vast range of customized solutions, ensuring that every product meets the unique demands of modern construction and design. Its longstanding relationships with industry stakeholders are a testament to its commitment to quality and service excellence.
Conclusion
JELD-WEN Holding Inc. stands as a pillar within the construction and building products industries, offering unmatched expertise in manufacturing high-performance doors and windows. Its extensive global footprint, state-of-the-art manufacturing processes, and dedication to innovation allow the company to consistently deliver products that are both dependable and forward-thinking. Investors and industry analysts view its operations as an exemplar of quality and efficiency in the competitive landscape of construction solutions.
JELD-WEN Holding (NYSE: JELD), a leading global manufacturer of building products, has scheduled its first quarter 2025 earnings release for Monday, May 5, 2025, after market close. The company will host a conference call to discuss the results on Tuesday, May 6, 2025, at 8 a.m. EST.
Investors can participate via webcast through the Investor Relations section at investors.JELD-WEN.com or by dialing 888-596-4144 (US) or +1-646-968-2525 (International) using conference ID 6328142. A replay will be available on the company's website approximately two hours after the call.
JELD-WEN reported challenging fourth quarter and full year 2024 results, marked by significant declines. Q4 net revenues from continuing operations decreased 12.3% to $895.7 million, with a net loss of ($68.4) million or ($0.81) per share. Full year net revenues fell 12.3% to $3,775.6 million, with a net loss of ($187.6) million.
The company's performance was impacted by weak macro-economic conditions and a shift to entry-level products. Q4 Adjusted EBITDA from continuing operations decreased to $40.1 million from $86.5 million year-over-year, while full-year Adjusted EBITDA fell to $275.2 million from $380.4 million.
Looking ahead, JELD-WEN provided 2025 guidance with expected revenue between $3.2 to $3.4 billion, representing a Core Revenue decline of 4% to 9%, and projected Adjusted EBITDA of $215 to $265 million.
JELD-WEN Holding (NYSE: JELD) has completed the court-ordered divestiture of its Towanda, Pennsylvania facility to Woodgrain Inc. The transaction, which closed on January 17, 2025, was valued at $115 million, subject to customary closing adjustments. The sale fulfills JELD-WEN's legal obligation to divest the Towanda business as mandated by court order.
JELD-WEN Holding (NYSE: JELD), a leading global manufacturer of building products, has announced its schedule for the release of fourth quarter 2024 results. The company will release its results on Monday, February 17, 2025, followed by a conference call to discuss the results on Tuesday, February 18, 2025, at 8 a.m. EST.
Investors can participate in the conference call either through a webcast available on the company's Investor Relations website or by dialing in using the provided numbers. For those unable to attend the live event, a replay will be made available on JELD-WEN's website approximately two hours after the call concludes.
JELD-WEN Holding has announced the sale of its Towanda, Pennsylvania facility to Woodgrain Inc. for approximately $115 million, following a court-ordered divestiture process. The transaction is expected to close by December 31, 2024.
The company estimates the sale will result in an annual reduction of $150-200 million in revenue and $25-50 million in EBITDA during the first twelve months post-closing. JELD-WEN anticipates a non-cash pre-tax impairment charge of $25-35 million, with the divestiture expected to be neutral to net debt leverage.
JELD-WEN reported challenging third quarter 2024 results with net revenues from continuing operations declining 13.2% to $934.7 million. The company posted a net loss of ($73.0 million), or ($0.86) per share, compared to net income of $16.9 million in the prior year. The decline was primarily due to a $63.4 million goodwill impairment charge and weaker market conditions. Adjusted EBITDA decreased to $81.6 million, with margins falling 110 basis points to 8.7%. In response to deteriorating market conditions, JELD-WEN lowered its 2024 guidance, now expecting revenue between $3.7-$3.75 billion and Adjusted EBITDA of $265-$280 million.
JELD-WEN Holding, Inc. (NYSE: JELD), a leading global manufacturer of building products, has announced the release date for its third quarter 2024 results. The company will release the results on Monday, November 4, 2024, followed by a conference call to discuss the results on Tuesday, November 5, 2024, at 8 a.m. EST.
Investors and interested parties can access the call via webcast on the company's Investor Relations website or by dialing in. For those unable to attend the live event, a replay will be available on JELD-WEN's website approximately two hours after the call concludes.
JELD-WEN Holding, Inc. (NYSE: JELD) has announced that its subsidiary, JELD-WEN, Inc., has completed the redemption of all $200 million aggregate principal amount of its outstanding 4.625% Senior Notes due 2025. The redemption was executed for 100% of the principal amount, plus accrued and unpaid interest. This financial move, completed on September 13, 2024, demonstrates JELD-WEN's proactive approach to managing its debt obligations and potentially improving its capital structure.
JELD-WEN Holding, Inc. (NYSE: JELD) has announced its withdrawal from the Jefferies Industrial Conference scheduled for Thursday, September 5, 2024. The company's decision is due to senior management testing positive for COVID-19. This unexpected development has forced JELD-WEN to cancel its participation in the important industry event, potentially impacting its ability to engage with investors and analysts at the conference.
JELD-WEN Holding, Inc. (NYSE: JELD) has successfully completed a $350 million senior unsecured notes offering with a 7.000% interest rate, maturing on September 1, 2032. The notes, guaranteed by JELD-WEN, Inc. and its domestic subsidiaries, were offered in a private placement to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S of the Securities Act. The notes are not registered under the Securities Act and cannot be offered or sold in the U.S. without registration or an applicable exemption. This announcement does not constitute an offer to sell or solicitation of an offer to purchase the notes.
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