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Dec 31, 2024
Compass Diversified Q4 2024 Earnings Report
Expected Revenue:$625M
+8.3% YoY
Expected EPS:$0.56
+40.0% YoY
Key Takeaways
Compass Diversified reported a 13.8% increase in net sales for Q4 2024, driven by strong performance in both Consumer and Industrial Businesses. The company's adjusted EBITDA also saw a significant increase of 29.0%.
Net sales increased by 13.8% to $620.3 million.
Branded consumer net sales increased 15.2% to $403.0 million.
Industrial net sales increased 11.4% to $217.2 million.
Adjusted EBITDA was $118.2 million, up 29.0%.
Compass Diversified
Compass Diversified
Compass Diversified Revenue by Segment
Forward Guidance
For the full year 2025, CODI expects its current subsidiaries to produce consolidated Subsidiary Adjusted EBITDA of between $570 million and $610 million and Adjusted EBITDA to be between $480 million and $520 million. In addition, the Company expects to earn between $170 million and $190 million in Adjusted Earnings
Positive Outlook
- Branded Consumer vertical to produce $440 million to $465 million
- Industrial vertical to produce $130 million to $145 million
- Subsidiary Adjusted EBITDA between $570 million and $610 million
- Adjusted EBITDA between $480 million and $520 million
- Adjusted Earnings between $170 million and $190 million
Challenges Ahead
- Absent additional acquisitions or divestitures
- Excludes corporate expenses such as interest expense
- Excludes management fees paid by CODI
- Excludes corporate overhead
- Uncertainty regarding Income (Loss) from Continuing Operations or Net Income (Loss)