- Net sales of $1,877.5 million, down $16.4 million, year over year.
- Net income of $44.2 million, down $59.3 million, year over year.
- Diluted EPS of $0.76 down $0.97, year over year.
- Adjusted Diluted EPS1 of $1.76, down $0.16, year over year.
- Adjusted EBITDA1 of $302.2 million, down $30.1 million, year over year.
Other Highlights
- Rubber profitability maintained, despite soft demand backdrop in our key markets.
- Specialty recovery continued in 2024, underscored by 11% year over year volume growth, including 9% in the fourth quarter.
- Strengthened industry leading position in circularity; Commercial sales in 2025.
- Repurchased ~2% of shares outstanding in 2024 (~$20 million last year).
Fourth Quarter 2024 Financial Highlights
- Net sales of $434.2 million, down $34.0 million, year over year
- Net income of $17.2 million, up $12.3 million, year over year.
- Diluted EPS of $0.30 up $0.22, year over year.
- Adjusted Diluted EPS1 of $0.35, up $0.18, year over year.
- Adjusted EBITDA1 of $61.7 million, down $4.9 million, year over year
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