Ply Gem Holdings (PGEM) Misses Q4 EPS by 1c
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Ply Gem Reports Fourth Quarter and Full Year 2016 Results
March 10, 2017 7:00 AM ESTNet sales increased 7.4% to $462.3 million for the fourth quarter driving full year net sales in excess of $1.9 billion. Adjusted EBITDA increased to $44.9 million or 3.8% for the fourth quarter achieving a full year Adjusted EBITDA of $229.0 million. Leverage ratio improved to 3.7x for the year ended December 31, 2016 compared to 5.2x for the comparable 2015 period reflecting $160.0 million in voluntary debt payments on the Term Loan Facility made during 2016.
CARY, N.C.--(BUSINESS WIRE)-- Ply Gem Holdings, Inc. (Ply Gem or the Company) (NYSE:... More
