Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Fluidra Closed 2022 with €2,389 Million Sales, up 9% on 2021

  • The company achieved the revised guidance set in October, with EBITDA reaching 512 million euros.
  • Good progress on the Simplification program to become more efficient and strengthen its sector leadership.
  • Fluidra has provided guidance for 2023 and expects sales between €2,000 and 2,200 million, and EBITDA between €410 and 480 million.

Fluidra, the global leader in equipment and connected solutions in the pool and wellness sector, closed 2022 with sales of €2,389 million euros, up 9% compared to 2021, and EBITDA of 512 million euros, achieving October’s guidance.

Sales grew driven by price, acquisitions and forex, which more than offset lower volumes. Gross margin was impacted by inflation and mix. However, price increases implemented to date support gross margin recovery as Fluidra enters 2023.

Cash Net Profit reached 269 million euros, down 20% compared to 2021 which reflects higher financial costs and a one-off tax benefit from the Zodiac merger in Q2 2021.

In terms of geographical areas, North America delivered a 17% annual increase in revenue supported by acquisitions; Southern Europe was up 6%; and Rest of the World, led by Australia and Middle East, reported an increase of 21%. Sales in Central and Northern Europe declined 14% due to lower demand and a correction of inventory levels in the channel.

Commercial Pool grew 38% supported by acquisitions completed in the prior year and the recovery in tourism, which is expected to continue to perform well.

Fluidra has implemented a Simplification program to drive gross margins and reduce fixed costs over the next three years and is making good progress. Fluidra is further focused on cash generation and has a robust financial position providing flexibility to navigate the current uncertain macro environment.

Guidance for 2023

As the industry transitions to more normalized patterns following a period of strong growth, the company expects the first half to be impacted by the ongoing inventory correction in the channel. For the year as a whole, Fluidra expects sales between €2,000 and 2,200 million, EBITDA between €410 and 480 million and Cash EPS between €0.95 and 1.25 per share.

Eloi Planes, Fluidra’s Executive Chairman, said: “The macro-economic environment remains uncertain. While we expect trading to be weaker in the first half, as the industry normalizes following a period of strong growth, our business is structurally stronger today. We have broadened our product portfolio in North America, expanded our distribution network in Europe and enhanced our Commercial Pool offering. We are working to become a more effective and efficient organization to serve our customers and are well positioned to continue to lead the pool and wellness market.”

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.