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HAYWARD® We Build Better ™ HAYWARD HOLDINGS , INC . 400 Connell Drive , Suite 6100 Berkeley Heights , NJ 07922 ☎1.908.351.5400 www.hayward.com May 5 , 2021 Hayward Holdings Announces First Quarter Fiscal Year 2021 Financial Results Continued Strong Demand Drives Sales Growth And Margin Expansion ; Structural Trends Support 2021 Guidance And Long - Term Growth Outlook FIRST QUARTER FISCAL 2021 HIGHLIGHTS • • • Net sales increased 96 % year - over - year to $ 334.4 million Net Income improved to $ 36.9 million from a net loss of $ 10.4 million year - over - year Adjusted Net Income increased to $ 63.6 million from $ 14.3 million year - over - year Adjusted EBITDA increased 200 % year - over - year to $ 107.3 million ; Adjusted EBITDA margin expanded 1,110 basis points to 32.1 % FULL YEAR FISCAL 2021 GUIDANCE HIGHLIGHTS • Net sales growth of 40 % to 45 % • Adjusted EBITDA of $ 360 million to $ 390 million ; up 55 % to 68 % year - over - year BERKELEY HEIGHTS , N.J. -- ( BUSINESS WIRE ) -- Hayward Holdings , Inc. ( " Hayward " ) ( NYSE : HAYW ) , a global designer , manufacturer and marketer of a broad portfolio of pool equipment and associated automation systems , today announced financial results for the first quarter ended April 3 , 2021 of its fiscal year 2021 . CEO COMMENTS " We are very pleased to report exceptional results following our recent initial public offering , " commented Kevin Holleran , Hayward's Chief Executive Officer . " During the first quarter we experienced tremendous demand for our pool equipment as investment in the outdoor living space remained a focal point for consumers . Hayward's agile manufacturing capabilities , supply chain advantages , strong competitive positioning and innovative product offering allowed us to accelerate production capacity and to be well positioned to capitalize on the strong demand environment . As we look forward , we believe we will deliver strong results given favorable market dynamics , a strong backlog of new pool builds , a growing installed base , increased usage , impact of current price increases , and product upgrades . " FIRST QUARTER FISCAL 2021 CONSOLIDATED RESULTS Net sales increased by 96 % to $ 334.4 million for the first quarter of fiscal 2021. Net sales growth was primarily the result of higher volumes , as residential pool equipment sales continued to benefit from strong demand