Hayward Holdings, Inc. ( (HAYW) ) has released its Q4 earnings. Here is a breakdown of the information Hayward Holdings, Inc. presented to its investors.
Hayward Holdings, Inc. is a global leader in designing, manufacturing, and marketing pool and outdoor living technology, offering a range of energy-efficient and sustainable equipment connected through its SmartPad™ technology.
Hayward Holdings has reported a strong financial performance for the fourth quarter and full year of 2024, with significant increases in net sales, net income, and earnings per share. The company has also introduced its guidance for 2025, indicating continued growth and strategic advancements.
In the fourth quarter of fiscal 2024, Hayward Holdings achieved a 17% increase in net sales to $327.1 million and a 76% increase in net income to $54.7 million. The company’s adjusted EBITDA rose by 30% to $98.7 million, and diluted EPS increased by 79% to $0.25. For the full fiscal year, net sales grew by 6% to $1,051.6 million, with net income rising by 47% to $118.7 million. The company also reported strong cash flow from operations of $212.1 million.
Looking ahead, Hayward Holdings is optimistic about its growth prospects in 2025, expecting net sales to range between $1.060 billion and $1.100 billion and adjusted EBITDA between $280 million and $290 million. The company remains focused on leveraging its technology leadership, operational excellence, and strong brand presence to drive profitable growth and robust cash flow generation.
As Hayward Holdings celebrates its 100th anniversary, the company is well-positioned to capitalize on favorable industry trends and expand its market presence, aiming to deliver exceptional value to its customers and shareholders.