PR Newswire
Consolidated net sales increased by 2.8%1 compared to a strong first half in 2023
Gross profit margin expanded by 140 basis points year-on-year to 60.2% and Adjusted EBITDA margin2 increased by 10 basis points to 18.9%, both first half records
Profit attributable to the equity holders increased by 7.7% (+16.1% constant currency) year-on-year to US$164.3 million
Generated strong Free Cash Flow3 of US$81.6 million, a year-on-year increase of US$18.2 million
Total net leverage ratio4 further improved to 1.39x, the lowest level since the 2016 acquisition of Tumi
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