Adjusted EBITDA Growth
Fourth quarter adjusted EBITDA increased by 9% to $95 million, and full year 2024 adjusted EBITDA reached $356 million, up 1% from the prior year.
Experiential Services Success
Experiential services delivered strong results with revenues of $945 million, an increase of approximately 11%, and adjusted EBITDA rose by 43% with margins expanding by 180 basis points.
Cost Discipline and Efficiency Gains
Achieved cost discipline and efficiency across the business, resulting in improved operating efficiency and positioning for long-term profitable growth.
Debt Reduction and Cash Management
Voluntarily repurchased approximately $158 million of debt and reduced DSOs to 61 days, generating over $20 million of cash from net working capital in 2024.
Technology and Data Advancements
Significant progress in IT and data advancements, including ERP system implementation and cloud-based CRM adoption to improve service delivery and decision-making.