Franklin Electric Reports Fourth Quarter 2024 and Full Year 2024 Results

Fourth Quarter 2024 Highlights Consolidated net sales of $485.7 million, an increase of 3% to the prior yearEnergy Systems and Distribution net sales increased 5% and 6%, respectively, while Water Systems net sales were flatOperating income was$ 43.0 million with operating margin of 8.9%GAAP fully diluted earnings per share (EPS) was $0.72 Full Year 2024 Highlights Consolidated net sales of$ 2.0 billion, a decrease of 2% to the prior yearDistribution net sales increased 2%, while Water Systems and Energy Sy ...