Jeld-Wen’s revenue rose 9.2 percent to $973.2 million in the fourth quarter of 2016, the company reported this week.

“We are pleased with the progress that we made in 2016, including our strong finish to the year as reflected in our fourth quarter results,” said Mark Beck, president and chief executive officer. “Our operational initiatives drove healthy growth in both net revenues and adjusted EBITDA. We expect this improvement to continue as we remain in the early stages of our business transformation and have solid momentum as we begin 2017. We are very excited about our recent initial public offering and the future of Jeld-Wen as a public company. We believe Jeld-Wen is well-positioned for continued success.”

For the year, net revenues increased $285.7 million, or 8.5 percent, to $3.7 billion, compared to $3.4 billion in the prior year. The company says the improvement in net revenues was primarily due to an approximate 7 percent increase from recent acquisitions and core growth of 3 percent, driven by positive core growth in all three geographic segments.

For 2017, net revenues are expected to increase from 1.5 percent to 3.5 percent.

“Demand drivers and macroeconomic factors in our diverse global end markets look constructive as we enter 2017,” said Beck. “Our annual outlook predicts continued margin expansion in 2017 by executing on the initiatives of our operating model, focusing on achieving savings through operational excellence programs and driving profitable revenue growth.”

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