Nacco industries announces fourth quarter and full year 2024 results

Cleveland , march 5, 2025 /prnewswire/ --  consolidated highlights: q4 2024 operating profit of $3.9 million and net income of $7.6 million versus significant prior year losses q4 2024 adjusted ebitda increased to $9.0 million, up 26.8% from q4 2023 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 fy 2024 adjusted ebitda increased to $59.4 million, up 116% from 2023 primarily due to significant improvement in the coal mining segment nacco industries® (nyse: nc) today announced the following consolidated results for the three months and year ended december 31, 2024. three months ended year ended ($ in millions except per share amounts) 12/31/24 12/31/23 $ change 12/31/24 12/31/23 $ change operating profit (loss) $3.9 $(67.4) $71.3 $35.7 $(70.1) $105.8 other (income) expense, net $1.2 $(1.5) $(2.7) $2.1 $(6.0) $(8.1) income (loss) before taxes $2.7 $(65.9) $68.6 $33.6 $(64.2) $97.8 income tax benefit $(4.9) $(22.0) $(17.1) $(0.1) $(24.6) $(24.5) net income (loss) $7.6 $(44.0) $51.6 $33.7 $(39.6) $73.3 diluted earnings (loss)/share $1.02 $(5.88) $6.90 $4.55 $(5.29) $9.84 adjusted ebitda* $9.0 $7.1 $1.9 $59.4 $27.5 $31.9    *non-gaap financial measures are defined and reconciled on pages 8 to 10.
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