Cadre Holdings, Inc. ( (CDRE) ) has released its Q4 earnings. Here is a breakdown of the information Cadre Holdings, Inc. presented to its investors.
Cadre Holdings, Inc., headquartered in Jacksonville, Florida, is a global leader in manufacturing and distributing safety equipment for law enforcement, first responders, military, and nuclear markets. The company is known for its high-quality, mission-critical safety products that are utilized in over 100 countries.
In its latest earnings report, Cadre Holdings announced a successful year with net sales reaching $568 million and a net income of $36 million. The company achieved record annual adjusted EBITDA for the second consecutive year and expects continued growth in 2025 with projected net sales between $572 million and $601 million.
Key financial highlights include a gross profit margin of 41.1% for the year and a net income of $13 million for the fourth quarter. The company also reported an adjusted EBITDA of $104.8 million for the year. Strategic moves for Cadre include the acquisition of Carr’s Engineering Division, which is expected to expand their presence in the nuclear safety market.
Looking ahead, Cadre Holdings remains optimistic about its growth prospects. The company plans to leverage both organic and inorganic opportunities to enhance its market position and continue providing value to its customers and shareholders.
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