earnings
confidence high
sentiment positive
materiality 0.85
Hayward Q4 net sales $352.4M (+35% YoY); FY2021 record $1.4B; guides FY2022 EBITDA $460-475M
Hayward Holdings, Inc.
- Q4 net sales $352.4M (+35% YoY); net income $63.7M (+222% YoY); adjusted EBITDA $105.7M (+43% YoY).
- Full year net sales $1,401.8M (+60% YoY); adjusted EBITDA $421.7M (+82.1% YoY); margin 30.1%.
- Net debt/EBITDA improved to 1.7x from 5.2x; announced $450M stock repurchase program.
- FY2022 guidance: net sales growth 9-12%, adjusted EBITDA $460-475M (9-13% growth).