Enerpac Tool Group fiscal 2024 net earnings rise 53%; sets fiscal 2025 sales outlook
Enerpac Tool Group reported fiscal 2024 results for the year ended August 31, 2024. Net sales fell 1.5% to $589.5 million, while net earnings rose 53% to $82.2 million, helped by lower ASCEND transformation expenses. Fourth-quarter net sales were $158.7 million, down 1.2%, and the company set fiscal 2025 net sales guidance of $610 million to $625 million, citing an expected continued decline in the general industrial market.
Key points
- Fiscal 2024 net sales were $589.5 million, down 1.5% from $598.2 million; organic sales rose 2.2%.
- Fiscal 2024 net earnings were $82.2 million, or $1.50 per diluted share, compared with $53.6 million, or $0.94, in fiscal 2023.
- Fiscal 2025 guidance calls for net sales of $610 million to $625 million and adjusted EBITDA of $150 million to $160 million.
- Fourth-quarter operating profit fell 7% to $30.0 million; the DTA acquisition was completed on September 4, 2024.
The filing
Written by AI on Nov 8, 2026, 1:55 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 15, 2024.
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