None
EN
JELD-WEN Q2 Earnings Call Highlights
['Latisha Jones']
Daily Political
Adjusted EBITDA rose 8% to $42 million, marking the company’s first year-over-year increase in adjusted EBITDA in 10 quarters.
However, North America adjusted EBITDA increased to $41 million from $35 million, and the segment’s adjusted EBITDA margin rose to 7.7% from 6.3%.
Europe adjusted EBITDA declined to $13 million from $17 million, however, as price increases did not fully offset material-cost inflation.
Adjusted EBITDA of $120 million to $150 million, compared with previous guidance of $100 million to $150 million.
At the same time, JELD-WEN increased its expected price-cost headwind to approximately $50 million from $40 million.