Fluidra (ES:FDR) has released an update.
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Fluidra reported a 1% increase in sales to 1,637 million euros for the first nine months of 2024, driven by strong third-quarter performance and its Simplification Program, which enhanced its EBITDA margin to 23.6%. The company saw significant growth across all regions, notably in North America, and achieved a net profit increase of 14% to 123 million euros, with excellent cash generation reducing net debt. Fluidra has updated its annual guidance, reflecting optimism for continued growth and cost savings initiatives.
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