Aramark: Reports Earnings Results for Fiscal 2024

Philadelphia / PA. (arm) Aramark reported fourth quarter and full year fiscal 2024 results. «We reached new highs in our financial performance every quarter during fiscal 2024, ultimately achieving record revenue and AOI profitability for any year in Global FSS history,» said John Zillmer, Aramark’s Chief Executive Officer. «Our results are a testament to what our teams are capable of – continuously raising the bar and challenging ourselves across the organization to deliver for our stakeholders. As part of this commitment, our Board has approved a new USD 500 million share repurchase program, reflecting our strong capital structure capabilities, which include 1) strategically investing to drive growth; 2) ongoing debt repayment; 3) issuing quarterly dividends; and 4) now utilizing excess cash generation to repurchase Aramark shares. I’m proud of what we’ve accomplished this past year at the Company and believe we have tremendous runway in the business.» For additional information please read the PDF file below (177 KB):