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Enerpac Tool(EPAC) - 2024 Q4 - Annual Results
EPACEnerpac Tool(EPAC)2024-10-15 20:30

EXHIBIT 99.1 Enerpac Tool Group Reports Fourth Quarter and Full-Year Fiscal 2024 Results; Introduces Full-Year Fiscal 2025 Outlook Fiscal 2024 Continuing Operations Highlights Net sales were $590 million, a decline of 1.5% year-over-year, with organic growth of 2.2%. Gross margin expanded 180 basis points year-over-year to 51.1%. Operating margin was 20.6% and adjusted operating margin was 23.2%. Net earnings were $82 million and adjusted net earnings were $95 million, representing year-over-year increases ...