David Tunnel's questions to Hayward Holdings Inc (HAYW) leadership • Q4 2024
Question
David Tunnel, on for Jeff Hammond, asked for more color on the drivers of strong in-quarter demand, particularly the benefit from hurricanes, and inquired about the margin outlook for the international segment.
Answer
CEO Kevin Holleran confirmed that hurricane repair activity, especially in Florida, was a meaningful contributor to in-quarter demand in Q4. CFO Eifion Jones addressed international margins, stating that after some one-time inventory items in 2024, he expects progressive margin growth in 2025 driven by leadership changes and operational consolidation, though a step-change is not anticipated.