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Dec 31, 2019
Energizer Q1 2020 Earnings Report
Energizer reported a net sales increase of 28.8% driven by acquisitions, while organic net sales decreased by 3.4%.
Key Takeaways
Energizer Holdings, Inc. announced its fiscal 2020 first quarter results, with net sales increasing by 28.8% to $736.8 million due to the impact of acquisitions. Diluted net earnings from continuing operations per common share was $0.60, and Adjusted Diluted net earnings from continuing operations per common share was $0.85. The company reaffirmed its full-year guidance for fiscal 2020.
Net sales increased 28.8% to $736.8 million due to acquisitions.
Diluted net earnings from continuing operations per common share was $0.60.
Adjusted Diluted net earnings from continuing operations per common share was $0.85.
Reaffirming guidance for Fiscal 2020, including Net sales, Adjusted Diluted EPS from continuing operations, Adjusted EBITDA and Adjusted Free cash flow.
Energizer
Energizer
Energizer Revenue by Segment
Revenue by Segment
Batteries & Lights Revenue
CapyFin.comAuto Care Revenue
CapyFin.com Forward Guidance
The Company is reaffirming all aspects of its previously provided financial outlook for Fiscal 2020 with reported Net sales growth of 9% to 10%, including organic growth in combined battery of 1% to 2% and combined auto care growing at 3.5%, Adjusted Diluted EPS from continuing operations of $3.00 to $3.20, Adjusted EBITDA of $610 to $640 million and Adjusted Free cash flow of $310 to $340 million.
Positive Outlook
- Net sales growth of 9% to 10%
- Organic growth in combined battery of 1% to 2%
- Combined auto care growing at 3.5%
- Adjusted Diluted EPS from continuing operations of $3.00 to $3.20
- Adjusted EBITDA of $610 to $640 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income