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Article: Ply Gem Reports Fourth Quarter 2007 Results.
- Article from:
- Business Wire
- Article date:
- March 25, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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KEARNEY, Mo. -- Ply Gem Holdings, Inc. ("Ply Gem" or the "Company"), a leading manufacturer of residential exterior building products in North America, today announced fourth quarter 2007 net sales of $317.9 million, an 8.5% increase over the $293.0 million for the same period in 2006. For the full year of 2007, net sales were a record $1,363.5 million or 29.3% higher than the $1,054.5 million of net sales for the full year of 2006. Excluding the contribution of our AWC Holding Company ("Alenco") and Alcoa Home Exteriors, Inc ("AHE"), Ply Gem's full year net sales were down 11.5%.
Adjusted EBITDA for the fourth quarter of 2007 was $32.5 million compared to $23.1 ...