The Times

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Johnson Electric reports results for the year ended 31 March 2025

Highlights of FY24/25 Results

  • Group sales US$3,648 million – down 4% compared to the prior year
  • Gross profit US$843 million or 23.1% of sales (compared to US$851 million or 22.3% of sales in the prior year)
  • Adjusted EBITA US$344 million or 9.4% of sales (compared to US$343 million or 9.0% of sales in the prior year)
  • Net profit attributable to shareholders totalled US$263 million – an increase of 15% compared to the prior year
  • Underlying net profit, adjusted to exclude non-cash foreign exchange rate movements and restructuring charges, totalled US$274 million – an increase of 9%
  • Free cash flow from operations totalled US$286 million compared to US$422 million in the prior year
  • A recommended final dividend of 44 HK cents per share (5.64 US cents)
  • As of 31 March 2025, cash reserves amounted to US$791 million and the ratio of total debt to capital was 12%

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