Supported by our industry-leading brand, manufacturing efficiency, and the strength of our decades-long relationships with best-in-class channel partners in the industry, Trex continued to generate industry-leading margins and profitability," said Bryan Fairbanks, President and CEO of Trex. "Our performance in the first quarter demonstrated the broad-based appeal of our product line and the continued attractiveness of the outdoor living category as an ongoing secular trend. Net income of $41 million and diluted earnings per share of $0.38ĮBITDA of $69 million and EBITDA margin of 28.8% (NYSE:TREX), the world’s #1 brand of high-performance, low-maintenance and eco-friendly composite decking, railing and outdoor living products, today reported first quarter 2023 results. WINCHESTER, Va., May 08, 2023-( BUSINESS WIRE)-Trex Company, Inc. Reaffirm 26%-27% EBITDA Margin for FY 2023 Guiding to Second Quarter Revenue of $310 Million to $320 Million Best visibility of utility scale names.Trex Board of Directors Approved a New Share Repurchase Program up to 10% of the Company’s Outstanding Common Stock
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