Strong Fourth Quarter Performance
In the fourth quarter of 2024, Entegris' revenue excluding divestitures grew 11% year over year and was above the guidance range. Advanced Purity Solutions recorded all-time high quarterly sales.
Full Year Revenue Growth
For the full year 2024, Entegris' revenue grew more than 5% excluding divestitures and currency impact, outperforming the market by 4%.
Material Solutions Division Growth
Sales of the Material Solutions division were up 11% for the year, with CMP slurry revenue growing 14% and CMP pads growing 24%.
Debt Reduction
Entegris paid down almost $625 million of debt in 2024, with continued focus on debt reduction in 2025.
Advanced Packaging Growth
Advanced packaging-related revenues approached $100 million in 2024, with significant growth expected in 2025.