JELD-WEN(US:JELD)2025-02-18 06:51Financial Performance - Q4 2024 - Net Revenue decreased by 12% from $1021 million in Q4 2023 to $896 million in Q4 2024[15] - Adjusted EBITDA decreased by 54% from $87 million in Q4 2023 to $40 million in Q4 2024[17] - Adjusted EBITDA Margin decreased by 400 bps from 85% in Q4 2023 to 45% in Q4 2024[17] Financial Performance - Full Year 2024 - Net Revenue decreased by 12% from $4304 million in 2023 to $3776 million in 2024[30] - Adjusted EBITDA decreased by 28% from $380 million in 2023 to $275 million in 2024[32] - Adjusted EBITDA Margin decreased by 150 bps from 88% in 2023 to 73% in 2024[32] Segment Performance - Q4 2024 - North America Net Revenue decreased from $748 million to $640 million, and Adjusted EBITDA decreased from $94 million to $42 million[26] - Europe Net Revenue decreased from $273 million to $256 million, while Adjusted EBITDA increased from $16 million to $17 million[26] 2025 Guidance - Net Revenue is projected to be between $32 billion and $34 billion, with Core Revenue down 4% to 9%[42] - Adjusted EBITDA is projected to be between $215 million and $265 million[42] - Free Cash Flow is projected to be approximately negative $135 million[42]