![]() ![]() In Net sales and Adjusted EBITDA, resilient Adjusted EBITDA margin and good cash flow,” said Doug Black, SiteOne’s ChairmanĪnd CEO. The year well against a very strong fourth quarter performance in 2021, capping off an excellent year in 2022 of double-digit growth (the “Company” or “SiteOne”) (NYSE: SITE) announcedĮarnings for its fourth quarter and full fiscal year ended Janu(“Fiscal 2022”). (BUSINESS WIRE) - SiteOne Landscape Supply, Inc. Income for the year increased 3% to $245.4 millionĮBITDA margin decreased 30 basis points to 11.6%ġ6 acquisitions during the year with approximately $240 million in trailing twelve monthsĭebt to Adjusted EBITDA at year-end was 0.8x, compared to 0.6x at year-end 2021 ![]() Profit increased 17% to $1.42 billion Gross margin increased 50 basis points to 35.4%Īs a percentage of Net sales increased by 140 basis points to 27.3% Of Directors approved $400 million share repurchase authorization repurchased $25.0 million Three acquisitions: Madison Block & Stone, Telluride Natural Stone, and Whittlesey Landscape Profit increased 7% to $302.6 million Gross margin was 34.0%Īs a percentage of Net sales increased 350 basis points to 34.2%ĮBITDA decreased 37% to $38.9 million Adjusted EBITDA margin was 4.4% Landscape Supply Announces Fourth Quarter and Full Year 2022 EarningsĢ022 Highlights (Compared to Fourth Quarter 2021): ![]()
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