The following is a summary of the EnerSys (ENS) Q4 2024 Earnings Call Transcript:

Financial Performance:

• EnerSys reported Q4 revenue of $911 million, aligning with expectations for the quarter, while the full year revenue stood at $3.6 billion, down by 3% year-over-year.

• Q4 saw an adjusted earnings per share of $2.08, at the higher end of their guidance range.

• Fiscal year FY24 closed with an adjusted diluted EPS of $8.35 per share, indicating a significant rise of 56%.

• Projections for fiscal year FY25 CapEx stand between $100 million to $120 million with expectations for EPS in FY2027 leaning between $11 to $13 per share.

Business Progress:

• EnerSys saw a positive demand surge across majority of its end markets, and energy systems reporting 14% sales increase in the Americas' data centers year-over-year.

• Strategic progress in cost-improvement measures, operations streamlining via shared services, traction in high growth markets.

• Progress witnessed in maintenance-free conversions in Motive Power, along with record order rates in the Specialty line of business.

• Acquisition of Bren-Tronics is expected to boost lithium product offerings and revenue, with integration set to be completed by end of first fiscal quarter.

• Sustainability efforts saw a reduction of 4.2% in absolute Scope 1 emissions and 15% reduction in energy intensity.

• Confidence in achieving future goals, including completion of a domestic lithium plant and initiating advanced energy storage systems with software enhancements.

• Despite ongoing supply chain constraints, the company reported normalized states and improvements in freight and commodity costs.

• The company retains a focus on enhancing factory flexibility for rapid market shift adjustments and deliver value to shareholders.

More details: EnerSys IR

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