Stable Financial Performance Amid Challenges
ADENTRA achieved stable financial results despite challenging macro-economic conditions, maintaining sales volumes and improving gross margin by 90 basis points to 21.7%.
Successful Acquisition of Woolf Distributing
Completed a $130 million acquisition of Woolf Distributing, strengthening geographic presence in the US Midwest and enhancing the pro-dealer channel.
Strong Cash Flow Generation
Generated $142.8 million in cash flow, enabling significant investments and reducing leverage to 2.4 times.
Long-term Growth in Sales and Earnings
Over the past five years, pro forma annual sales doubled to nearly $2.2 billion, with a 13% CAGR in adjusted earnings per share.
Digital Engagement and Training Initiatives
Trained over 800 employees through ADENTRA University and enhanced digital engagement strategies, strengthening customer relationships.