US EditionSamsonite Group S.A. Announces Final Results for the Fourth Quarter and Year Ended December 31, 2024
- For the fourth quarter ended December 31, 2024, Samsonite Group S.A. Reported consolidated net sales of US$942.4 million, which is a decrease of 0.6% year-over-year but an increase of 1.0% on a constant currency basis.
- The company's gross profit margin improved by 30 basis points to 60.2%, and the adjusted EBITDA margin expanded by 160 basis points to 20.7% for the same quarter.
- Consolidated net sales for 2024 totaled US$3,588.6 million, a decrease of 2.5%, while adjusted free cash flow increased by US$26.5 million to US$311.0 million.
- Samsonite Group S.A. Maintained strong liquidity of US$1.4 billion and returned US$307.6 million to shareholders during 2024, which included US$150.0 million in cash distribution and US$157.6 million in share buybacks.
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Samsonite Group S.A. Announces Final Results for the Fourth Quarter and Year Ended December 31, 2024
For the fourth quarter ended December 31, 2024:
·Buffalo, United States
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