(0.12%) 5 303.27 points
(0.34%) 40 004 points
(-0.07%) 16 686 points
(0.97%) $80.00
(5.73%) $2.64
(1.44%) $2 419.80
(6.36%) $31.78
(2.18%) $1 094.70
(-0.02%) $0.920
(-0.18%) $10.68
(-0.27%) $0.787
(0.19%) $91.05
Q4/2023
Generated By Getagraph.com: 2023-12-31
Simpson Manufacturing Co [SSD]
-0.71% $ 168.35
Bolsa: NYSE Sector: Industrials Industria: Building - Products & Equipment
Pleasanton, CA - February 5, 2024
Consolidated net sales reached $501.7 million, marking a 5.5% increase year-over-year from $475.6 million in the fourth quarter.
North America and Europe segments showed robust sales growth at 5.3% and 5.8% respectively, driven by higher sales volumes and positive foreign exchange impacts.
The consolidated gross profit rose by 9.9% to $220.5 million, with gross margin improving to 43.9% from 42.2% in the previous year.
However, income from operations saw a decline of 9.1% to $71.6 million, attributed to increased operating expenses, despite higher gross profits.
Annual consolidated net sales grew by 4.6% to $2.2 billion, influenced significantly by the ETANCO acquisition and positive currency translation effects in Europe.
The company's gross profit increased by 10.9% year-over-year to $1.0 billion, with the gross margin expanding to 47.1%.
Net income for the year was $354.0 million, or $8.26 per diluted share, up by 6.5% compared to the previous year.
Operating activities generated $429.9 million in cash, a $30.1 million increase from the last year, and the company undertook strategic stock repurchases valued at $50.0 million.
Throughout Q4 2023, the Company repurchased shares worth $50.0 million and announced a new share repurchase program of up to $100.0 million, effective through 2024.
A quarterly cash dividend of $0.27 per share was declared, with a payment date set for April 25, 2024.
The full-year outlook for 2024 anticipates an operating margin between 20.0% to 21.5%, with planned capital expenditures of approximately $200.0 million for facilitating expansions and new facility constructions.
For detailed financial figures and future projections, please refer to the supplemental tables and forward-looking statements provided by Simpson Manufacturing Co., Inc.
Revenues Q4 - 2023
Revenue | Gross Profit | Operating Expenses | Interest Expense | EBITDA | Net Income | EPS |
---|---|---|---|---|---|---|
$501.71M | $220.50M | $148.45M | $3.37M | $92.53M | $54.80M | $1.290 |
Balance Q4 - 2023
Net Income | Depreciation and Amortization | Stock Based Compensation | Change in Working Capital | Net Cash Provided by Operating Activities | Capital Expenditure | Free Cash Flow |
---|---|---|---|---|---|---|
$54.80M | $20.48M | $6.07M | $-58.46M | $28.85M | $-31.34M | $-2.50M |