SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) ("Helios†or the "Company†), a global leader in highly engineered motion control and electronic control technologies, announced that its Board of Directors declared a quarterly cash dividend of $0.09 per common share. Helios has declared consecutive quarterly dividends to its stockholders for over 28 years, beginning with the first quarter 1997. The dividend will be payable on January 21, 2026, to stockholders of record as of January 7 ...

Financial Performance & Outlook - Helios Technologies reported Q1 2024 net sales of $212 million, a decrease of 1% year-over-year[80] - The company anticipates 2024 revenue between $840 million and $860 million[121] - Helios projects 2024 net income to be between $50 million and $63 million[121] - Adjusted EBITDA for 2024 is expected to be in the range of $163 million to $180 million, with an adjusted EBITDA margin between 195% and 210%[121] - The company's net debt to pro forma adjusted EBITDA ratio was 308x at the end of Q1 2024[106] Segment Performance - Hydraulics segment sales in Q1 2024 were $1424 million, a 4% decrease year-over-year[38] - Electronics segment sales in Q1 2024 were $696 million, a 6% increase year-over-year[62] - The company expects Hydraulics revenue between $565 million and $580 million, representing 0% to 2% growth over 2023[111] - The company expects Electronics revenue between $275 million and $280 million, representing 2% to 4% growth over 2023[111] Regional Performance - Americas accounted for 55% of total sales in FY2023[11] - EMEA accounted for 24% of total sales in FY2023[11] - APAC accounted for 21% of total sales in FY2023[11]