🔹 EPS: $1.13 (Est. $0.99) 🟢; UP +30% YoY
🔹 Revenue: $3.09B (Est. $3.08B) 🟢; UP +7% YoY
🔹 Adj EBITDA: $807M (Est. $788.43M) 🟢; UP +13% YoY
🔹 FCF: $455M (Est. $492M); DOWN -9% YoY
Q1 Guidance:
🔹 EPS: $0.95 (Est. $0.93) 🟢
🔹 Revenue: $3.03B (Est. $3.05B) 🟡
🔹 Adjusted EBITDA: ~$760M
FY25 Guidance:
🔹 EPS: $4.30-$4.40 (Est. $4.31) 🟢
🔹 Revenue: $12.8B-$12.9B (Est. $12.90B) 🟡
🔹 Adjusted EBITDA: $3.33B-$3.38B
Q4 Segment Performance:
Electronics & Industrial:
🔹 Revenue: $1.51B (UP +11% YoY); Organic Growth: +10%
🔹 Operating EBITDA: $457M; UP +21% YoY
🔹 EBITDA Margin: 30.3% (UP +250 bps YoY)
Key Drivers:
🔸 Growth in Semiconductor Technologies (UP low teens YoY) due to AI-driven applications and stronger China demand
🔸 Interconnect Solutions (UP low double digits YoY) from broad-based end-market recovery
Water & Protection:
🔹 Revenue: $1.36B (UP +6% YoY); Organic Growth: +6%
🔹 Operating EBITDA: $357M; UP +14% YoY
🔹 EBITDA Margin: 26.3% (UP +170 bps YoY)
Key Drivers:
🔸 Growth in Safety Solutions (UP high single digits YoY) due to demand in medical packaging
🔸 Water Solutions (UP low double digits YoY) from recovery across geographies
Other Key Metrics:
🔹 Operating Cash Flow: $564M; DOWN -13% YoY
🔹 Net Sales Growth: Organic sales growth led by +8% increase in volume, offset by -1% price decline
🔹 Free Cash Flow Conversion: 96%