Fluidra Achieves Sales of €1,637 Million and Expands EBITDA Margin in the First Nine Months of 2024
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 31 2024
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Source: Businesswire
Financial Performance: Fluidra reported a 1% increase in sales to €1,637 million for the first nine months of 2024, with EBITDA rising 5.6% to €386 million despite inflationary pressures. The company also saw an 8% increase in Cash Net Profit and a 14% rise in net profit year-on-year.
Future Outlook: The company has updated its guidance for 2024, expecting sales between €2,060 and €2,100 million and EBITDA between €460 and 480 million, while emphasizing the successful implementation of their Simplification Program aimed at achieving significant cost savings.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
