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Atkore Inc. Announces Fourth Quarter 2025 Results
Businesswire· 2025-11-20 11:05
Core Insights - Atkore Inc. reported a net sales of $2.9 billion for fiscal 2025, marking a decrease of 11.0% compared to the previous year, primarily due to lower average selling prices and divestitures [4][16][18] - The company experienced a net loss of $15.2 million for fiscal 2025, a significant decline from a net income of $472.9 million in fiscal 2024, driven by lower operating income [18][19] - Adjusted EBITDA for fiscal 2025 decreased by 49.9% to $386.4 million, reflecting the impact of reduced sales and increased costs [19] Fourth Quarter Highlights - In Q4 2025, net sales were $752.0 million, down 4.6% from $788.3 million in Q4 2024, primarily due to lower average selling prices [6][7] - The company reported a net loss of $54.4 million in Q4 2025, compared to a net income of $73.1 million in the same quarter of the previous year [9][11] - Adjusted EBITDA for Q4 2025 was $70.9 million, a decrease of 49.4% from $140.1 million in Q4 2024 [10][13] Segment Performance - Electrical segment net sales decreased by 8.1% to $518.9 million in Q4 2025, attributed to lower average selling prices and divestitures [12] - Safety & Infrastructure segment net sales increased by 4.0% to $233.4 million in Q4 2025, driven by higher volumes [14][15] Financial Metrics - Gross profit for Q4 2025 was $147.8 million, down from $216.1 million in Q4 2024, with gross margins decreasing from 27.4% to 19.7% [8][36] - The company repurchased $100.0 million in outstanding shares and paid dividends totaling $44.2 million during fiscal 2025 [21][20] - Cash provided by operating activities was $402.8 million, while free cash flow decreased to $295.7 million for fiscal 2025 [20] Outlook - For fiscal 2026, Atkore expects net sales to be in the range of $3.0 billion to $3.1 billion, with an adjusted EBITDA outlook of $340 million to $360 million [6][23]
Atkore Inc. Announces Fourth Quarter Fiscal Year 2025 Earnings Release Date and Conference Call
Businesswire· 2025-10-22 21:00
Core Points - Atkore Inc. will release its Fourth Quarter Fiscal Year 2025 results on November 20, 2025, before market opening [1] - A conference call to discuss the results will take place at 8:00 a.m. (ET) on the same day [1] - The company reported $3.2 billion in sales for fiscal year 2024 and employs 5,600 people [3] Conference Call Information - Interested parties can listen to the live conference call via the Investor Relations section of Atkore's website [2] - A telephonic replay will be available approximately three hours after the call until December 4, 2025 [2] Company Overview - Atkore is a leading manufacturer of electrical products for various applications including commercial, industrial, data center, telecommunications, and solar [3] - The company focuses on delivering sustainable solutions to meet the demands of electrification and digital transformation [3] Future Announcements - Atkore plans to disseminate future announcements regarding company developments and financial performance through its website and other channels [4]
Atkore Announces Refinancing of Existing Senior Secured Term Loan
Businesswire· 2025-09-29 20:30
Core Points - Atkore Inc. has completed the refinancing of its subsidiary Atkore International, Inc.'s senior secured term loan facility, which was originally set to mature in May 2028 [1] - The new term loan facility amounts to $373 million, replacing the existing one [1] Company Summary - Atkore Inc. is a leading manufacturer of electrical products catering to various sectors including commercial, industrial, data center, telecommunications, and solar applications [1]