Post Holdings: Reports Q4 and Fiscal Year 2024 Results

St. Louis / MO. (pfh) Post Holdings Inc., a consumer packaged goods holding company, reported results for the fourth fiscal quarter and fiscal year ended September 30, 2024. Highlights:

  • Fourth quarter net sales of USD 2.0 billion; operating profit of USD 190.9 million; net earnings of USD 81.6 million and Adjusted Ebitda (non-GAAP) of USD 348.7 million
  • Fiscal year net sales of USD 7.9 billion; operating profit of USD 793.5 million; net earnings of USD 366.7 million and Adjusted Ebitda of USD 1,403.6 million
  • Fiscal year 2025 Adjusted Ebitda (non-GAAP) expected to range between USD 1,410 to 1,460 million

Basis of Presentation

On April 28, 2023, Post completed its acquisition of a portion of The J. M. Smucker Company’s pet food business, the results of which are included in the Post Consumer Brands segment. On December 01, 2023, Post completed its acquisition of substantially all of the assets of Perfection Pet Foods LLC, the results of which are also included in the Post Consumer Brands segment. On December 01, 2023, Post completed its acquisition of Deeside Cereals I Limited, the results of which are included in the Weetabix segment.

Outlook

Post management expects Adjusted Ebitda for fiscal year 2025 to be between USD 1,410-USD 1,460 million. Post management expects fiscal year 2025 capital expenditures to range between USD 380-USD 420 million, which includes Post Consumer Brands investment in network optimization and pet food safety and capacity, for aggregate expenditures of USD 90-USD 100 million. This also includes Foodservice investment in the completion of the Norwalk, Iowa precooked egg facility expansion and continued cage-free egg facility expansion, for aggregate expenditures of USD 80-USD 90 million.

For additional information please read the Company’s PDF file below (227 KB):

20241125-POSTHOLDINGS-Q42024.