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Fluidra Continues Its Record Performance in the First Half, Increasing Net Profit to 174.2 Million Euros, and Upgrading Its Guidance


Fluidra Continues Its Record Performance in the First Half, Increasing Net Profit to 174.2 Million Euros, and Upgrading Its Guidance
The company further improved its outlook for 2021 with sales growth guidance between 35% and 40%.
Fluidra, a global leader in pool and wellness equipment, closed the first half of the year with magnificent results driven by a very strong Residential Pool season in the Northern Hemisphere and the continued step change in demand.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210730005166/en/
(Photo: Fluidra)
The company ended the first six months of the year with 1,187 million euros in sales, up 54% compared to the same period in 2020. Net Profit reached 174 million euros, tripling the profits recorded in the first half of 2020. EBITDA was up 95% to 330 million euros and Cash Net Profit, a key proxy for Fluidra that excludes non-cash items and non-recurring expenses, w ....

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Investegate |FLUIDRA Announcements | FLUIDRA: Fluidra closes an excellent 2020 with record sales and profit


Fluidra closes an excellent 2020 with record sales and profit
Sales stood at 1,488 million euros, up 8.8%, and EBITDA increased by 19.3% to 321 million euros, with a 21.6% margin.
Excellent cash generation has reduced Net Debt/EBITDA leverage to 1.8x.
The company is confident that 2021 will be very positive and expects to increase sales by 6% to 9%.
26 February 2021 – Fluidra, a global leader in pool and wellness equipment, closed 2020 with its best results ever. The company ended the year with sales of 1,488 million euros, up 8.8% and 11.0% on constant FX and perimeter compared to 2019, driven by the high demand in Residential Pool. Net profits stood at 96 million euros, more than 11 times higher than in 2019, when they were affected by merger related non-recurring expenses. ....

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