Workflow
Seaboard(SEB) - 2024 Q4 - Annual Results
SeaboardSeaboard(US:SEB)2025-02-13 21:07

Financial Performance - Seaboard Corporation reported net sales of $2,482 million for Q4 2024, an increase of 8.8% compared to $2,282 million in Q4 2023[2] - The operating income for Q4 2024 was $114 million, a significant recovery from an operating loss of $87 million in Q4 2023[2] - Net earnings attributable to Seaboard increased to $154 million in Q4 2024, compared to $64 million in Q4 2023, representing a 140.6% increase[2] - Earnings per common share rose to $158.58 in Q4 2024, up from $64.67 in Q4 2023, reflecting a 145% increase[2] - For the full year 2024, net sales totaled $9,100 million, a decrease of 4.8% from $9,562 million in 2023[2] - The full year operating income was $156 million, a recovery from an operating loss of $87 million in 2023[2] - Net earnings for the full year 2024 were $88 million, down from $226 million in 2023[2] - Earnings per common share for the full year 2024 were $90.62, compared to $202.21 in 2023[2] Shareholder Returns - Seaboard declared a quarterly cash dividend of $2.25 per share, consistent with the previous quarter[3] Share Statistics - The average number of shares outstanding decreased to 971,055 in Q4 2024 from 989,615 in Q4 2023[2]