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]