Enerpac Tool Group Reports Fourth Quarter and Full-Year Fiscal 2024 Results; Introduces Full-Year Fiscal 2025 Outlook
Enerpac Tool(EPAC) GlobeNewswire News Room·2024-10-16 04:30
Fiscal 2024 Continuing Operations Highlights* Net sales were $590 million, a decline of 1.5% year-over-year, with organic growth of 2.2%.** Gross margin expanded 180 basis points year-over-year to 51.1%. Operating margin was 20.6% and adjusted operating margin was 23.2%. Net earnings were $82 million and adjusted net earnings were $95 million, representing year-over-year increases of 53% and 14%, respectively. Diluted EPS was $1.50 and adjusted diluted EPS was $1.72. Adjusted EBITDA was $147 million, an inc ...