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Masonite International Corp. Unveils Breakthrough Performance Door Security System at IBS 2024, Elevating Home Protection Standards

Masonite introduces Masonite Performance Door System with M-Protect Multipoint Security Lock; exterior door system offers homeowners superior protection, with four times more impact resistance than standard deadbolt locks, certified by third-party testing

Masonite reports Q4 net loss of US$10M, down from year-ago income of US$31M, primarily driven by US$33M in charges related to goodwill impairment in the Europe reporting unit; full-year net income was US$118M on sales of US$2.8B

Masonite Achieves Net Sales and Adjusted EBITDA Targets with Strong Cash Flow Performance in 2023 Annual Financials

Fitch affirms Owens Corning's ratings at BBB after announcement to acquire Masonite International for US$4B, views transaction as net positive for its credit profile despite US$3.1B additional debt; outlook remains stable on company's strong balance sheet

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