First tranche

OSHKOSH $OSK (+1,04%) is a global industrial technology company focused on the development of innovative specialty vehicles and equipment. Oshkosh reported its Q4 quarterly figures this week and exceeded all expectations. Perhaps of interest to some of you.

Annual results

The company reported net sales of USD 10.76 billion for 2024 (2023: USD 9.66 billion) and net income of

net profit of USD 681.4 million (2023: USD 598.0 million) or USD 10.35 per diluted share (2023: USD 9.08).

Adjusted1 net income for 2024 amounted to USD 772.7 million (2023: USD 657.2 million)

or USD 11.74 per diluted share (2023: USD 9.98).

Expectations for 2025

The Company announced its 2025 diluted earnings per share estimate of approximately USD 10.30 and its adjusted1 earnings per share estimate of approximately USD 11.00 on projected net sales of approximately USD 10.6 billion.

Dividend announcement

The Company's Board of Directors today announced a quarterly cash dividend of $0.51 per common share. The dividend represents an increase of 11 percent over the previous dividend and will be paid on March 3, 2025 to shareholders of record as of February 17, 2025.

Repurchase of ordinary shares - The company has in the fourth quarter of 2024 repurchased 494,069 ordinary shares for USD 50.4 million.

Subsequent acquisition of a solid US company

Oshkosh $OSK (+1,04%) Defense (this is only one division of the company) is currently receiving one order after another.

Peace☮️

Oshkosh Corporation $OSK (+1,04%) (First position)

designs, manufactures and markets a wide range of specialty vehicles such as trucks, off-road vehicles and related bodies. The range includes vehicles for fire and emergency services, vans for special transportation and military vehicles.

5.69 $ billion market cap

P/E ratio just below 10

Sales and profits are rising steadily, with ongoing growth also being recorded

There is also a small dividend

Here is a presentation on the homepage of the IR department

https://ir-api.eqs.com/redirect/5100a0c6-460f-4f92-b8cf-f400dc020bbf?disposition=inline&t=1694676668499

The company has production facilities in the USA, Australia, Belgium, France, the Netherlands and Romania and supplies its products to customers in 130 countries.