In Q4 2024, net sales grew 30% and Adjusted EBITDA increased 33%, contributing to a full-year increase of 32% in Adjusted Net Sales and 32% Adjusted EBITDA growth.Highlights for the Year Ended 2024 as compared to the Year Ended 2023
Net sales increased 30.0% to $5,528.6 million and Adjusted Net Sales increased 32.4% to $5,528.6 million.
Gross margin and Adjusted Gross Margin increased 320 and 220 basis points, respectively.
Operating income increased 72.4% to $644.2 million. Adjusted Operating Income increased 31.5% to $839.5 million.
Net income increased 162.6% to $438.7 million. Adjusted Net Income increased 37.2% to $616.2 million.
Adjusted EBITDA increased 32.2% to $951.1 million, or 17.2% of Adjusted Net Sales.
Mark Barrocas, Chief Executive Officer, commented, “SharkNinja delivered exceptional performance throughout 2024, capping off our strongest year to date with outstanding fourth quarter results. Our proven three-pillar growth strategy continues to drive market share gains across our expanding product portfolio, fuel category expansion, and accelerate our global presence
Tag Archives: results
De’Longhi: turnover and profits reduced
Net profitability fell 25% but remains 6.4%. The cash register improves but sales remain 18% lower than those of the first quarter of 2022.In the first quarter of 2023, the turnover of the De’Longhi group fell by 18% to 602 million. Net income fell more or less proportionally to 39 million (6.4% of turnover). The net financial position is instead positive for 317.2 million, an improvement of 18.5 million compared to the end of 2022 and 42.6 million at the end of the first quarter of 2022,
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