Crane NXT Announces Fourth Quarter and Full Year 2024 Results; Raises Annual Dividend by 6%
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Crane NXT reported a 7% sales growth for 2024, with GAAP EPS of $3.19 and adjusted EPS of $4.26. The company plans to increase its annual dividend by 6% and is on track to acquire De La Rue Authentication in Q2 2025.
February 12, 2025 | 9:30 pm
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Crane NXT reported strong financial results for 2024 with a 7% sales growth and plans to increase its annual dividend by 6%. The company is also on track to acquire De La Rue Authentication in Q2 2025.
The positive financial results, including a 7% sales growth and increased EPS, along with a 6% dividend hike, are likely to boost investor confidence. The upcoming acquisition of De La Rue Authentication could further enhance Crane NXT's market position.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100