Benzinga | Nov 4, 2021 07:40AM EDT

Builders FirstSource Sees FY21 Net Sales $19.3B-$19.8B Vs $18.5B Est

For 2021, the Company expects significant improvement in its financial performance compared to 2020, including the following:

* Net sales to grow to a range of $19.3 billion to $19.8 billion or approximately 51% to 55% over 2020 combined pro forma net sales of $12.8 billion.

* Adjusted EBITDA to be in a range of $2.85 billion to $2.95 billion or approximately 166% to 176% over 2020 combined pro forma Adjusted EBITDA of $1.07 billion.

* Expected BMC merger integration realized cost savings of $90 million to $110 million. Free cash flow in the range of $1.8 billion to $2.0 billion.