JELD-WEN Holding, Inc. (JELD) Posts Q4 Revs of $973.2M
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JELD-WEN Announces Fourth Quarter and Full Year 2016 Results; Provides 2017 Outlook
February 22, 2017 6:00 AM ESTCHARLOTTE, N.C.--(BUSINESS WIRE)-- JELD-WEN Holding, Inc. (JELD-WEN or the Company) (NYSE: JELD) today announced results for its fourth quarter and full year 2016 ended December 31, 2016, and provided its 2017 annual outlook.
Highlights:
Net revenues for the fourth quarter increased by 9.2% to $973.2 million, driven by core growth of 5%. The Company defines core growth as the increase in net revenues, excluding the impact of foreign exchange and acquisitions completed in the last twelve months. Full year net revenues increased by 8.5% to $3.7 billion, with core growth contributing 3%.... More