JELD-WEN Holding, Inc. (JELD) Tops Q4 EPS by 5c, Revenues Miss; Provides FY19 Adj. EBITDA Views
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JELD-WEN Announces Fourth Quarter and Full Year 2018 Results, Provides 2019 Outlook, and Announces Board Leadership Transition
February 19, 2019 6:00 AM ESTCHARLOTTE, N.C.--(BUSINESS WIRE)-- JELD-WEN Holding, Inc. (NYSE: JELD) today announced results for the three months and full year ended December31, 2018, provided its 2019 outlook and announced an upcoming leadership transition with its board of directors.
Highlights:
Net revenues for the fourth quarter increased 11.8% year over year to $1.091 billion, bringing full year revenue to $4.347 billion Net revenue growth for the fourth quarter was driven by a 14% contribution from acquisitions, partially offset by a 2% foreign exchange headwind, while core revenues were unchanged... More