U.S. – Net sales for Masonite International, the global leader in door manufacturing, increased 3% to USD 490 million in the third quarter of 2016, from USD 476 million in the comparable period of 2015. 

The increase was primarily due to a 4% increase in sales volumes and 1% improvement in average unit price, which offset 2% of negative foreign exchange. In addition to the foreign exchange impact, net sales in the prior year period included USD 13 million from by the South African subsidiary Masonite Africa Limited (MAL). Adjusting for those sales in the prior year period, net sales would have increased 8%.

Net income attributable to Masonite increased  USD 48.3 million to USD 32.0 million in the third quarter of 2016, from USD -16.3 million in the comparable 2015 period. Adjusted EBITDA increased 29% to USD 65.1 million for the third quarter of 2016, from USD 50.5 million in the comparable 2015 period.