Hayward Holdings, Inc. reports developments for a global specialty water management business that designs, manufactures, and markets pool and outdoor living technology, as well as industrial flow control products. News commonly covers quarterly results, guidance updates, segment performance in North America and Europe and Rest of World, and the company’s aftermarket-focused pool equipment model.
Company updates also discuss product innovation across pumps, heaters, sanitizers, filters, LED lighting, water features, cleaners, and the IoT-enabled SmartPad™ platform. Recurring themes include price realization, volume trends, tariff mitigation, operating efficiency, cash flow, balance sheet leverage, and demand drivers tied to the installed base of pools.
Hayward Holdings (NYSE: HAYW) has announced key leadership appointments to bolster its position in pool and outdoor living technology. Ray Lewis joins as Senior VP and Chief Human Resources Officer, bringing nearly 30 years of HR experience from companies like Trane Technologies and GE. Kevin Gallagher steps in as VP and Chief Engineering Officer, bringing three decades of product development expertise, previously serving at Honeywell and DaimlerChrysler. Darío Vicario will be the new VP and GM for Europe & Rest of World, succeeding Fernando Blasco, with prior leadership roles in Azkoyen Group and Thyssenkrupp Elevator. The new leaders are expected to drive innovation and global market expansion.
Hayward Holdings, Inc. (NYSE: HAYW) opened the Hayward Hub DFW in the Dallas-Fort Worth area, focusing on providing training, service support, and a gathering place for customers in a key pool market. The new center will offer classes, events, inventory of parts, and direct feedback opportunities for customers, enhancing the company's presence in the region.
Hayward Holdings, Inc. (NYSE: HAYW) reported strong first quarter fiscal year 2024 financial results, with net sales of $212.6 million, net income of $9.8 million, and Adjusted EBITDA of $45.0 million. The company saw a 1% increase in net sales, driven by volume growth in North America. Operating income increased by 11% to $30.9 million, and net income rose by 17% to $9.8 million. Hayward reaffirmed its full-year 2024 guidance, expecting net sales of $1.010 billion to $1.060 billion and Adjusted EBITDA of $255 million to $275 million.
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