JELD-WEN Revenues Up 25 Per Cent

JELD-WEN Holding, Inc. had net revenue of $1,245.8 million for the second quarter of 2021, an increase of 25.5 per cent over net revenue of $992.3 million in the second quarter of 2020. The increase was primarily due to higher gross profit from increased volume/mix, positive price/cost realization, and operational improvement. Net revenue for the North American segment increased 21.7 per cent year-over-year to $132 million with adjusted earnings margin expanded by 60 basis points to 15.6 per cent. Gross profit increased 33.5 per cent to $291.9 million and gross profit margin expanded 140 basis points to 23.4 per cent.