Fluidra ( (ES:FDR) ) has issued an announcement.
Fluidra reported strong financial results for 2024, with sales reaching 2.102 billion euros, a 3% increase from the previous year, and an adjusted EBITDA of 477 million euros, up 7%. The company’s Simplification Program contributed to margin expansion and efficiency, resulting in a 21% increase in net profit to 138 million euros. Fluidra’s strategic efforts in global purchasing and product design are expected to achieve total savings of 100 million euros by the end of 2025. The company remains optimistic about 2025, forecasting continued organic sales growth and margin expansion despite macroeconomic uncertainties.
More about Fluidra
Fluidra is a global leader in the pool and wellness equipment industry, offering connected solutions. The company focuses on providing products that enhance pool and wellness experiences, with a market focus on long-term growth supported by favorable industry drivers and a recurring aftermarket.
YTD Price Performance: -4.55%
Average Trading Volume: 21,547
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €4.27B
See more data about FDR stock on TipRanks’ Stock Analysis page.