Business
NACCO INDUSTRIES ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 RESULTS
NACCO INDUSTRIES ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 RESULTS
About this update from Nacco Industries, Inc.
[{"type":"text","content":"CLEVELAND, March 5, 2025 /PRNewswire/ --","length":40,"tagName":"p"},{"type":"text","content":"Consolidated Highlights:","length":24,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Q4 2024 operating profit of $3.9 million and net income of $7.6 million versus significant prior year losses","length":108,"tagName":"p"}]},{"val":[{"type":"text","content":"Q4 2024 Adjusted EBITDA increased to $9.0 million, up 26.8% from Q4 2023","length":72,"tagName":"p"}]},{"val":[{"type":"text","content":"FY 2024 consolidated net income increased to $33.7 million, or $4.55/share, versus a 2023 net loss of $39.6 million, or $5.29/share","length":131,"tagName":"p"}]},{"val":[{"type":"text","content":"FY 2024 Adjusted EBITDA increased to $59.4 million, up 116% from 2023 primarily due to significant improvement in the Coal Mining segment","length":137,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":448,"olType":false},{"type":"text","content":"NACCO Industries® (NYSE: NC) today announced the following consolidated results for the three months and year ended December 31, 2024.","length":134,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.33em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:RIGHT;","val":[{"type":"text","content":"","length":0,"tagName":"p","attribs":{}}]},{"colspan":"6","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"Three Months Ended","length":18,"tagName":"p","attribs":{}}]},{"colspan":"5","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"Year Ended","length":10,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;","val":[{"type":"text","content":"($ in millions except per share amounts)","length":40,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"12/31/24","length":8,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.33em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:RIGHT;","val":[...