Vontier Corp ( (VNT) ) has released its Q4 earnings. Here is a breakdown of the information Vontier Corp presented to its investors.
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Vontier Corporation, a global leader in industrial technology, specializes in providing critical technologies and solutions to enhance the mobility ecosystem with a focus on productivity, automation, and multi-energy technologies. The company recently announced its fourth quarter and full year 2024 results, reporting a slight decline in sales compared to the previous year, while core sales showed an increase due to strong demand in certain sectors.
In the fourth quarter of 2024, Vontier reported sales of $777 million, marking a 1.5% decrease from the previous year, although core sales increased by 3.5%. The company achieved a GAAP diluted net EPS of $0.82, with adjusted figures slightly lower at $0.80. Operating cash flow stood at $168 million, while adjusted free cash flow conversion was a robust 128%. For the full year, Vontier’s sales reached $2,979 million, a 3.8% decrease, with core sales rising by 1.8%. The company also completed significant share repurchases and debt paydowns.
Key performance highlights include an 8.5% increase in the Environmental & Fueling Solutions segment sales, driven by strong growth in dispenser equipment and aftermarket parts. The Mobility Technologies segment saw a 2.0% sales increase, while Repair Solutions experienced a 2.2% decline in sales. Vontier also focused on strategic initiatives, such as share repurchases and debt reduction, improving their financial resilience.
Looking forward to 2025, Vontier aims to continue capitalizing on market demands and delivering innovative solutions despite macroeconomic uncertainties. Their guidance for adjusted diluted net EPS is set between $3.00 and $3.15, with total sales projected to be in the range of $2,970 to $3,050 million. Vontier remains committed to transforming its portfolio for margin expansion and achieving top-tier financial performance.
