IDEX said net sales for Q4 2024 were $862.9 million, compared with $788.9 million in the prior year period, and organic sales increased 3%. For the full year, net sales were $3,268.8 million, compared with $3,273.9 million in the prior year, and organic sales decreased 2%.

1. 01

   IDEX said net sales for Q4 2024 were $862.9 million, compared with $788.9 million in the prior year period, and organic sales increased 3%. For the full year, net sales were $3,268.8 million, compared with $3,273.9 million in the prior year, and organic sales decreased 2%.

2. 02

   The company said diluted EPS attributable to IDEX for Q4 2024 was $1.62, compared with $1.43 in the prior year period, and adjusted diluted EPS was $2.04. For the full year, diluted EPS was $6.64, compared with $7.85 in the prior year, and adjusted diluted EPS was $7.89.

3. 03

   IDEX said operating cash flow for 2024 was $668.1 million, compared with $716.7 million in the prior year, and free cash flow was $603.0 million, compared with $626.8 million in the prior year. The company cited lower earnings and the timing of customer deposits and project deliveries as factors in the decrease.

4. 04

   The company cited the delivery of a major project by newly acquired Mott as a principal driver of net sales growth for Q4. Acquisition spending for 2024 was $984.5 million on a net of cash acquired basis.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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