DXP Enterprises Reports 2018 Fourth Quarter Results

03/07/2019

- Fiscal 2018 sales of $1.2 billion, up 20.8 percent, including 16.1 percent organic growth
- Full year GAAP diluted EPS of $1.94, up 108.6 percent versus fiscal 2017
- Net income of $35.5 million versus $16.8 million compared to fiscal 2017
- $95.8 million in earnings before interest, taxes, depreciation and amortization (“EBITDA”)
- Free cash flow of $29.1 million, including $2.6 million in proceeds from the sale of assets
- Net debt of $208.4 million with $40.3 million in cash on the balance sheet