Record Net Sales Growth
Total net sales grew 34% to $1.3 billion, including $345 million from the acquired AZEK sales. Organic sales declined only 1%.
Successful Integration with AZEK
Cost synergies have surpassed the first-year goal, with a push towards a $125 million total synergy target. The integration remains on track with positive feedback from dealers and distributors.
Deck, Rail & Accessories Performance
The segment delivered mid-single-digit sell-through growth, outperforming the broader market by several hundred basis points.
TimberTech Brand Awareness
TimberTech's brand awareness increased by 7 points over the last 12 months, reaching its highest level since tracking began five years ago.
Increased Full Year Guidance
Raised full-year guidance modestly due to stabilized market conditions and normalized inventory levels.
Improved Margin Outlook
Adjusted EBITDA margin in Europe increased by 80 basis points to 15.3%, helped by volume leverage and solid manufacturing efficiency.