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Trex Company Increases 2007 Revenue Guidance

WINCHESTER, Va.--(BUSINESS WIRE)--Nov. 29, 2007--Trex Company, Inc. (NYSE: TWP), manufacturer of Trex(R) decking, railing and fencing, today announced revised net sales guidance for 2007. The Company now expects net sales to be in the range of $335 million to $345 million ($350 million to $360 million before taking into account its product replacement reserve). This revised guidance compares favorably to the November 6, 2007 net sales guidance of $315 million to $335 million. Projected sales for 2007 (before taking into account the product replacement reserve) represent an approximately 5% increase over the $337 million in net sales recorded for the full year 2006.

Chief Executive Officer Andrew U. Ferrari commented, "Our performance in the first two months of the seasonally slow fourth quarter has been stronger than anticipated, particularly at a time when the homebuilding and remodeling markets continue to exhibit weakness. A key to our positive results is the very favorable market response to the quality improvement initiatives we have been implementing for the past 18 months and the best-in-class line-up of Trex decking, railing and fencing products. Our channel partners are reporting excellent retail sell-through for Trex products, and distributor inventories are lower than at the same time last year.

"In addition to benefiting from these favorable trends, we are receiving a very positive response to our innovative 2008 Trex products and programs, which were announced to the market last month," added Mr. Ferrari. "These include Trex Escapes(TM), an ultra low-maintenance deck board; Trex Trim(TM), a new exterior trim product for house molding, fascia and soffits; and greatly expanded design options for Trex Artisan and Designer Railing as well as new color choices for Trex Brasilia(R) and Trex Contours(R).

"Our better-than-expected performance in the fourth quarter and favorable feedback from our customers give us a confidence that our new products and programs will enable us to exhibit strong performance in 2008, with Trex continuing to gain market share in a tough business environment and strengthening our position as the leader in the outdoor living products category," concluded Mr. Ferrari.

About Trex Company

Trex Company is the nation's largest manufacturer of composite decking, railing and fencing, with over 15 years of product experience. Products are marketed under the brand name Trex(R). Made from a unique formulation of reclaimed wood and plastic, combined through a proprietary process, Trex decking, railing and fencing offer significant design flexibility with fewer ongoing maintenance requirements than wood. In addition, Trex distributes ultra-low maintenance PVC decking under the trademark Trex Escapes(TM) and PVC trim under the trademark Trex Trim(TM). For more information, visit the Company's website, www.trex.com. Trex(R), Trex Brasilia(R), Trex Contours(R), Trex Escapes(TM), Trex Accents Fire Defense(TM), Trex Trim(TM), Trex Artisan Series Railing(R), and Trex Designer Series Railing(R) are trademarks of Trex Company, Inc., Winchester, Va.

The statements in this press release regarding the Company's expected sales performance and operating results, its projections of net sales, net income, earnings per share and costs, its anticipated financial condition and its business strategy constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are subject to risks and uncertainties that could cause the Company's actual operating results to differ materially. Such risks and uncertainties include the extent of market acceptance of the Company's products; the sensitivity of the Company's business to general economic conditions; the Company's ability to obtain raw materials at acceptable prices; the Company's ability to maintain product quality and product performance at an acceptable cost; the level of expenses associated with product replacement and consumer relations expenses related to product quality; and the highly competitive markets in which the Company operates. The Company's report on Form 10-K filed with the Securities and Exchange Commission on April 2, 2007 and its subsequent filings on Form 10-Q and Form 8-K discuss some of the important factors that could cause the Company's actual results to differ materially from those expressed or implied in these forward-looking statements. The Company expressly disclaims any obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT: Trex Company, Inc.
Anthony J. Cavanna, 540-542-6300
Chief Financial Officer
or
Lippert/Heilshorn & Assoc.
Harriet Fried, 212-838-3777
SOURCE: Trex Company, Inc.