Transformation Benefits Delivered
JELD-WEN delivered approximately $115 million in transformation benefits in 2024, aligning costs with market conditions.
Interior Door Business Stability
Despite market softness, JELD-WEN's interior door business remained stable as the company picked up market share.
European Segment Performance
Europe's adjusted EBITDA improved by $1 million with a margin of 6.5%, despite a 6% year-over-year core revenue decline.
Cost Reduction Initiatives
Approximately $50 million in annual savings expected from short-term cost reduction initiatives, including rightsizing factories and optimizing the supply chain.