Residential Segment Growth
The residential segment grew net sales by 22% year-over-year, driven by double-digit sell-through growth in the quarter and expanded market presence across product categories.
Adjusted EBITDA Growth
Strong residential segment adjusted EBITDA growth of 24% year-over-year, with an expanded segment adjusted EBITDA margin by 40 basis points to 23.7%.
New Product Launches
Successfully launched new products such as TimberTech Fulton Rail, TimberTech Reliance Rail, Versatex XCEED Siding, and TrimLogic, receiving positive market reception.
Distribution Partnerships Expansion
Announced new distribution partnerships that expand reach in the Western United States and Canadian markets, enhancing service to pro contractors.
Recycling Capabilities Acquisition
Acquired a regional PVC and polyethylene recycling operation, expanding waste material sourcing and processing capabilities.
Recognition for TimberTech
TimberTech was named one of Fast Company's 2024 Brands That Matter in the Benchmark Brands category, highlighting success in marketing innovative products.
Improved Financial Outlook
Raised full-year fiscal 2025 outlook for revenue and adjusted EBITDA, reflecting confidence in ongoing growth initiatives.