An update from Atkore International Group ( (ATKR) ) is now available.
Atkore Inc. reported a challenging fiscal year 2024, with fourth-quarter net sales dropping by $81.6 million to $788.3 million and net income falling by $67.8 million to $73.1 million compared to the previous year. Despite these declines, Atkore maintained strong cash flow management and shareholder returns, repurchasing $381 million in shares and issuing dividends. Looking ahead, Atkore anticipates 2025 net sales between $2.9 to $3.2 billion and adjusted EBITDA ranging from $475 to $525 million, indicating a focus on strategic growth and capital allocation.
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