Fluidra S.A. (FLUIF), a Spanish pool and wellness equipment company, on Tuesday reported a rise in net profit for the first quarter. The company also registered an increase in sales, helped by growth across all regions, mainly driven by higher volumes together with positive contributions from pricing and prior-year acquisitions. In addition, Fluidra has reaffirmed its annual outlook.
For the three-month period, the company registered a net profit of 48 million euros, higher than 37 million euros, recorded for the same period last year. Excluding items, earnings stood at 66 million euros, or 0.35 euro per share, as against the prior year's 59 million euros, or 0.31 euro per share.
Adjusted EBITA was 105 million euros, compared with 95 million euros in 2024. Excluding items, EBITDA increased to 131 million euros from 118 million euros a year ago. Sales improved to 564 million euros from 527 million euros last year.
Eloi Planes, Executive Chairman of Fluidra, said: "Following a strong first quarter, we are maintaining our 2025 guidance as we move into the key months of the pool season. We continue to focus on what's within our control and are closely monitoring developments. While macroeconomic and geopolitical uncertainty remains, we are confident in our ability to deliver, supported by our action plan in place to fully offset the impact of tariffs."
Looking ahead, for the full year, Fluidra still expects to report adjusted income per share of 1.33 euros to 1.48 euros on sales of 2.140 billion euros to 2.250 billion euros.
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