ESAB Corporation Announces First Quarter 2024 Results
ESAB Corporation (ESAB)
Company Research
Source: Business Wire
Record first quarter sales and margin performanceEBX expected to drive improved full year marginsStrengthened balance sheet with successful bond offeringCompleted acquisition of Sager S. A. and announced agreement to acquire SUMIG Ltda NORTH BETHESDA, Md.--(BUSINESS WIRE)--ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, today announced financial results for the first quarter of 2024.ESAB reported first quarter sales of $690 million, an increase of 1% on a reported basis or 2% higher core organic growth before acquisitions and currency translation impacts, as compared to the prior year. ESAB also reported first quarter net income from continuing operations attributable to ESAB of $61 million or $1.00 diluted earnings per share and core adjusted net income of $74 million or $1.20 diluted earnings per share. Core adjusted EBITDA of $123 million rose 9% and margins expanded 140 basis points to 18.8%, both as compared to the prior year q
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ESAB
News
- Are You Looking for a Top Momentum Pick? Why Esab (ESAB) is a Great Choice [Yahoo! Finance]Yahoo! Finance
- ESAB Corporation Board Declares Increased Dividend [Yahoo! Finance]Yahoo! Finance
- ESAB Corporation Board Declares Increased DividendBusiness Wire
- ESAB Corporation (NYSE:ESAB) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- ESAB First Quarter 2024 Earnings: EPS Misses Expectations [Yahoo! Finance]Yahoo! Finance
ESAB
Earnings
- 5/1/24 - Beat
ESAB
Sec Filings
- 5/15/24 - Form 8-K
- 5/15/24 - Form 144
- 5/13/24 - Form 4
- ESAB's page on the SEC website