Masonite 2Q-2021 sales up by 33% to USD 662 million

Aug 16, 2021 | Markets | 0 comments

USA – Masonite International Corporation’s net sales were USD 662 million in the second quarter of 2021, a 33% increase from USD 500 million in the comparable period of 2020.

946MASONITE The increase in net sales was the result of a 19% increase in base volume, a 7% increase in average unit price (AUP), a 5% increase due to favorable foreign exchange and a 2% increase in the sale of components and other products.

Net sales were USD 1,309 million in the first six months of 2021, a 25% increase from USD 1,051 million in the comparable period of 2020. The increase in net sales was a result of an 11% increase in AUP, a 9% increase in base volume, a 3% increase due to favorable foreign exchange and a 2% increase in the sale of components and other products.

Net income (profit) reached USD 82 million in the first six months of 2021, an increase of 28% compared to $64 million in the first six months of 2020. Adjusted EBITDA* of $213 million in the first six months of 2021 increased 23% from $173 million in the first six months of 2020.

Masonite International Corporation is a leading global designer, manufacturer, marketer and distributor of interior and exterior doors for the new construction and repair, renovation and remodeling sectors of the residential and non-residential building construction markets.

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