Latham Announces Acquisition Of Coverstar Central To Drive Product Line Sales Growth And Adoption Of Automatic Safety Covers And Provides Opportunities To Further Advance Fiberglass Conversion Strategy; Expected To Be Immediately Accretive To Earnings, Reflected In Revised Guidance; No Financial Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Latham has announced the acquisition of Coverstar Central to enhance its product line sales growth and adoption of automatic safety covers. This acquisition is expected to be immediately accretive to earnings and will support Latham's fiberglass conversion strategy. Financial terms were not disclosed.
August 06, 2024 | 8:56 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Latham's acquisition of Coverstar Central is expected to drive product line sales growth and adoption of automatic safety covers. The acquisition is anticipated to be immediately accretive to earnings, which is positive news for investors.
The acquisition of Coverstar Central by Latham is expected to enhance product line sales and the adoption of automatic safety covers. The immediate accretive impact on earnings is a positive indicator for Latham's financial performance, making this news highly relevant and important for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100