Stable Performance in Challenging Markets
Despite a 5% decline in net sales to $444 million in Q4, Quaker Houghton's volumes were consistent due to market share gains. The company outperformed challenging end markets with stable volumes over nine quarters.
Strong Cash Flow and Capital Allocation
In 2024, Quaker Houghton generated $205 million in operating cash flow, enabling investments in organic growth, increased dividends, debt repayment, two acquisitions, and $50 million in share repurchases.
Strategic Expansion and Globalization
Quaker Houghton expanded its market presence with investments in regions like India, Southeast Asia, and China. The acquisition of Chemical Solutions & Innovations in South Africa supports growth in emerging geographies.
Cost Management and Operational Efficiency
Identified $20 million of cost actions expected to drive $15 million of savings in 2025, along with ongoing procurement and manufacturing improvements.
Positive Long-term Outlook
End markets expected to grow 1% to 2% in 2025, driven by increased production at new steel and aluminum mills, with expected revenue, adjusted EBITDA, and earnings growth.