ESAB Goes Global: Strategic Strikes in Brazil, Bangladesh & Beyond Set Stage For Future Expansion!

ESAB demonstrated a robust financial performance in the fourth quarter of 2024, concluding a year of sustained execution and strategic growth initiatives. The company achieved record fourth-quarter profits and adjusted EBITDA margins, which expanded by 90 basis points to reach 20.3%. Despite flat organic growth, the margins underscore ESAB’s commitment to the EBX continuous improvement system, which facilitated operational enhancements and cost efficiencies. However, a noteworthy factor is the pervasive foreign exchange (FX) headwind, which presented a 500 basis point drag due to a stronger U.S. dollar, impacting overall sales growth.