MasterBrand Inc. reported 2024 net sales of $2.7 billion and adjusted EBITDA of $364 million. The company's adjusted EBITDA margin was 13%. The period marks the first with the Supreme acquisition fully annualized in year-over-year comparisons, following its close on July 10, 2024. MasterBrand expects to realize annual run-rate cost synergies of $90 million by the end of year three post-acquisition and anticipates accretion to adjusted diluted EPS in year two. Approximately 60% of net sales were attributed to the repair and remodel segment. The company's distribution network includes more than 13,000 employees, over 20 manufacturing facilities, and a dealer network of over 7,700.
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