Generac sees total Q1 sales down by 25%-26% y/y, consensus $949.14M

The company expects Q1 adjusted EBITDA margins the lowest for the year at approximately 10% and then improve sequentially throughout the year, returning to more normalized levels in Q4. Sees 2H adjusted EBITDA margins approximately 800bps higher than 1H. The company expects Q1 free cash flow to be negative. Comments taken from Q4 earnings conference call.