Residential Interior Door Facings slide image

Residential Interior Door Facings

North American Residential Door Opportunity Pricing – Industry is not Capturing Sufficient Value 2013 Avg Global Door Selling Price: ~$55 2011 5.0% Distribution: ~9% 3.0% SG&A: ~10% 1.0% Direct Labor: ~12% -1.0% -3.0% Overhead: ~15% -5.0% Masonite ROA 2012 2013 Masonite ROE 2011 2012 2013 5.0% 3.0% Materials: -48% 1.0% -1.0% -3.0% Adj. EBITDA: ~6% ~$3 per door -5.0% 2013: Net Income = ($0.37)/share, Return on Assets = (0.5%), Return on Equity = (1.0%)* Note: All numbers shown are Masonite's global consolidated figures. See appendix for non-GAAP reconciliations. (*) - Net income from continuing operations. 29 29
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