Overview
* EVI Industries ( EVI ) Q4 revenue rises 22% to $110 mln, driven by acquisitions and organic growth
* Co announces special cash dividend of $0.33 per share, reflecting strong results
Outlook
* EVI expects Continental acquisition to add $50 mln in annual revenue
* Company plans to launch e-commerce platform in fiscal 2026
Result Drivers
* STRATEGIC ACQUISITIONS - EVI completed four acquisitions, including its largest ever, enhancing its geographic footprint and service capabilities
* ORGANIC GROWTH - Company achieved a 7% compounded annual growth rate in organic revenue, supported by strong demand in healthcare, hospitality, and vended laundry sectors
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q4 $109.96
Revenue mln
Q4 Net $2.10
Income mln
Q4 $7.20
Adjusted mln
EBITDA
Q4 EBIT $4.11
mln
Q4 $3.09
Pretax mln
Profit
Analyst Coverage
* The one available analyst rating on the shares is "buy"
* The average consensus recommendation for the industrial machinery & equipment peer group is "buy"
* Wall Street's median 12-month price target for EVI Industries Inc ( EVI ) is $28.00, about 12.5% above its August 15 closing price of $24.50
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)