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30.04.25 - 22:03
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Tennant Company Reports First Quarter 2025 Results (Business Wire)
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Delivered Net Sales of $290 Million on Strong Order Growth While
Lapping $50 Million Backlog-Reduction Benefit in the Prior Year
Returned $25.8 Million to Shareholders
Reaffirms Guidance
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the quarter ended March 31, 2025.
(In millions, except per share data)
Three Months EndedMarch 31,
2025
2024
Incr / (Decr)
Net sales
$
290.0
$
311.0
(6.8
)%
Net income
$
13.1
$
28.4
(53.9
)%
Diluted EPS
$
0.69
$
1.49
(53.7
)%
Adjusted diluted EPS
$
1.12
$
1.81
(38.1
)%
Adjusted EBITDA
$
41.0
$
54.9
(25.3
)%
Adjusted EBITDA margin %
14.1
%
17.7
%
(360 bps
)
Highlights
Delivered net sales of $290.0 million for the first quarter of 2025, reflecting a 6.8% decrease from the first quarter of 2024, or a 5.0% organic decline, driven by volume declines across all geographies, particularl...
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29.04.25 - 22:03
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Tennant Company Declares Regular Quarterly Cash Dividend (Business Wire)
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MINNEAPOLIS--(BUSINESS WIRE)--Directors of Tennant Company (NYSE: TNC) today declared a regular quarterly cash dividend of $0.295 per share payable June 16, 2025, to shareholders of record at the close of business on May 30, 2025.
Company Profile
Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthier world. Its products include equipment for maintaining surfaces in industrial, commercial and outdoor environments; detergent-free and other sustainable cleaning technologies; and cleaning tools and supplies. Tennant's global field service network is the most extensive in the industry. Tennant Company had sales of $1.29 billion in 2024 and has approximately 4,500 employees. Tennant has manufacturing operations throughout the world and sells products direct in 21 countries and through distributors in more than 100 countries. For more information, visit www.tennantco...
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17.04.25 - 15:03
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Tennant Company to Report First Quarter 2025 Results on April 30, 2025 (Business Wire)
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MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) today announced that the company will report its first quarter 2025 financial results after the market closes on Wednesday, April 30, 2025, with a conference call to follow at 10:00 a.m. Eastern Time/9 a.m. Central Time on Thursday, May 1, 2025. The conference call will be webcast and can be accessed on the company's website at investors.tennantco.com. A replay of the webcast and accompanying slides will be available on the company's website.
Company Profile
Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthier world. Its products include equipment for maintaining surfaces in industrial, commercial and outdoor environments; detergent-free and other sustainable cleaning technologies; and cleaning tools and supplies. Tennant's global field service network is the most extensive in the industry. Tennant ...
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17.02.25 - 22:21
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Tennant Company Reports 2024 Fourth-Quarter and Full-Year Results (Business Wire)
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Record Full-Year Net Sales and Adjusted EBITDA
Expanded Adjusted EBITDA Margin to 16.2%
Introduces Full-Year Guidance for 2025
MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its fourth-quarter and full-year financial results for 2024.
(In millions, except per share data)
Three Months EndedDecember 31,
Twelve Months EndedDecember 31,
2024
2023
Incr /
(Decr)
2024
2023
Incr /
(Decr)
Net sales
$
328.9
$
311.4
5.6
%
$
1,286.7
$
1,243.6
3.5
%
Net income
$
6.6
$
31.0
(78.7
)%
$
83.7
$
109.5
(23.6
)%
Diluted EPS
$
0.35
$
1.64
(78.7
)%
$
4.38
$
5.83
(24.9
)%
Adjusted diluted EPS(a)
$
1.52
$
1.92
(20.8
)%
$
6.57
$
6.57
—
%
Adjusted EBITDA(a)
$
47.4
$
41.5
14.2
%
$
208.8
$
192.9
8.2
%
Adjusted EBITDA margin(a)
14.4
%
13...
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