Brief: Syensqo Q4 Net Sales Of €1.6 Billion, Up 2% Yoy
27/02/2025 06:10
Feb 27 (Reuters) - Syensqo NV SYENS.BR: SYENSQO NV - REPORTS Q4 AND FY 2024 RESULTS SYENSQO NV - Q4 NET SALES OF €1.6 BILLION, UP 2% YOY SYENSQO NV - Q4 GROSS PROFIT OF €482 MILLION, MARGIN 30.2% SYENSQO NV - Q4 UNDERLYING EBITDA OF €298 MILLION, UP 5% YOY SYENSQO NV - Q4 OPERATING CASH FLOW OF €345 MILLION, UP 77% YOY SYENSQO NV - FY 2024 NET SALES OF €6.6 BILLION, DOWN 3% YOY SYENSQO NV - FY 2024 UNDERLYING EBITDA OF €1.4 BILLION, MARGIN 21.5% SYENSQO NV - FY 2024 OPERATING CASH FLOW OF €841 MILLION SYENSQO NV - FY 2024 NET DEBT OF €1.86 BILLION, LEVERAGE RATIO 1.3X SYENSQO NV - FY 2024 DIVIDEND OF €1.62 PROPOSED, €300 MILLION SHARE BUYBACK SYENSQO NV - OUTLOOK: EXPECTS MACROECONOMIC UNCERTAINTY TO CONTINUE IN 2025 SYENSQO NV - OUTLOOK 2025: GROWTH EXPECTED TO BE LED BY COMPOSITE MATERIALS SYENSQO NV - OUTLOOK 2025: UNDERLYING EBITDA EXPECTED TO BE AT LEAST €1.4 BILLION SYENSQO NV - OUTLOOK 2025: CAPITAL EXPENDITURES EXPECTED TO BE €600 MILLION SYENSQO NV - OUTLOOK 2025: FREE CASH FLOW EXPECTED TO BE €400 MILLION SYENSQO NV - PLANS COST SAVINGS INITIATIVES OF €200 MILLION BY 2026 SYENSQO NV - FY 2024 GROSS PROFIT OF €2.2 BILLION, MARGIN 33.8% Source text: ID:nGNE9sKMhj Further company coverage: SYENS.BR (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))