Gentherm Reports 2024 Fourth Quarter and Full Year Results
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Gentherm reported a 61% year-over-year net income growth for 2024, with a record annual adjusted EBITDA of $183 million. The company secured $2.4 billion in annual automotive new business awards and established guidance for 2025.
February 19, 2025 | 11:15 am
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Gentherm reported strong financial results for 2024, with significant net income growth and record adjusted EBITDA. The company also secured substantial new business awards in the automotive sector.
The strong financial performance, including a 61% increase in net income and record adjusted EBITDA, is likely to positively impact Gentherm's stock price. The $2.4 billion in new business awards further strengthens its market position.
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