Investor Presentaiton
Architectural
2018
2019
($ in millions)
FY
B/(W)
Q1
B/(W)
Net Sales
$323.5
12.1%
$85.6
28.3%
Net sales ex-Fx & Acq
(2.7%)
8.4%
Adj. EBITDA*
$37.7
25.2%
$7.6
(0.6%)
Adj. EBITDA Margin*
11.7%
130bps
8.8% (270 bps)
(*)
(^)
9
Vertically integrated Architectural
wood door manufacturer in North
America
Net Sales by End Market
Office
Other¹
Hospitality
Education/G
ovt
Healthcare
Established leadership positions^ in
interior wood doors, door core and
veneers
Architectural Transformation²
Comprehensive set of initiatives to
integrate business from 2016 to 2021
Consolidate brands from 8➡1
Harmonize product lines from 43 8
Increase ability to flex production across
plants from 0%-80%
See safe harbor/non-GAAP financial measures on page 2 for definitions and other information and appendix for non-GAAP reconciliations
Defined as #1 or #2 in North America
(1) Other consists of stock doors, multifamily and retail
(2) Excludes Graham/Maiman acquisition in June 2018
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