Fluidra Delivers Strong 2025 Results, Advancing Its Strategic Priorities

Core Insights - Fluidra reported strong financial results for 2025, with net income increasing by 28% to €176 million and sales rising by 7% to €2,184 million at constant currency, driven by volume growth and positive pricing [1] - The company completed its Simplification Plan, achieving €100 million in savings, and proposed an 8% increase in dividend distribution to 65 euro cents per share for 2025 [1] - Fluidra's strategic focus includes accelerating growth, creating competitive differentiation, and enhancing operational excellence, supported by targeted acquisitions and investments [1] Financial Performance - Sales reached €2,184 million, reflecting a 7% year-on-year increase at constant FX, with growth across all regions [1] - Adjusted EBITDA rose by 9% year-on-year to €501 million, driven by top-line expansion [1] - Adjusted Net Profit increased by 8% to €250 million, with cash generation funding organic growth and strategic acquisitions [1] Growth Strategy - Fluidra achieved sales growth across all regions, with North America up 7%, Europe up 4%, and Rest of the World up 7%, primarily due to commercial pool demand [1] - The company made strategic acquisitions, including a 27% investment in Aiper and the acquisition of BAC and Powerplastics, enhancing its portfolio in residential and commercial pool segments [1] Competitive Differentiation - Fluidra strengthened its competitive advantages through technology leadership and digital integration, including the acquisition of PoolTrackr to enhance customer engagement [1] - The partnership with Aiper enhances access to next-generation cordless robotics technology, reinforcing Fluidra's leadership in a high-growth category [1] Operational Excellence - The completion of the Simplification Program delivered €100 million in gross savings, with a new efficiency plan targeting an additional €120 million in productivity and cost savings from 2026 to 2030 [1] 2026 Guidance - Fluidra anticipates sales growth of 3% to 7% for FY 2026, with an Adjusted EBITDA margin of 23.3% to 24.3% and Adjusted EPS growth between 4% and 13% [1]