Strong Comparable Adjusted EBITDA Growth
Full-year comparable adjusted EBITDA reached $406 million, improving by 3.9% from the previous year, with adjusted EBITDA margins improving by 100 basis points to 19.3%.
Progress in North Star Program
The North Star program resulted in significant SG&A reductions, with corporate expenses reduced by more than $26 million or nearly 14% in 2024.
Debt Reduction and Refinancing Success
Net debt was reduced by more than $52 million, and 2026 debt maturities were refinanced on attractive terms, extending maturities to 2029.
Data Segment Growth
The Data segment achieved over 10% growth, with strong margin expansion, finishing the year with a 25.9% margin rate.