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Caesarstone Reports Fourth Quarter and Full Year 2024 Financial Results

1. Caesarstone reported resilient adjusted EBITDA despite global market challenges. 2. Revenue decline reflects persistent headwinds affecting the industry.

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-8.47%Current Return
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-0.78%S&P 500
$3.6603/05 07:14 AM EDTEvent Start
$3.3503/06 01:57 PM EDTLatest Updated
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FAQ

Why Neutral?

The company showed strong EBITDA but revenue decline raises concerns, reminiscent of past downturns.

How important is it?

The report highlights CSTE's resilience but also points to future revenue challenges.

Why Short Term?

Immediate effects from quarterly results may influence trading activity, but long-term outlook remains uncertain.

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TRISTONEMHK
MP MENASHE, Israel--(BUSINESS WIRE)--Caesarstone Ltd. (NASDAQ: CSTE), a leading developer and manufacturer of high-quality engineered surfaces, today reported financial results for its fourth quarter and full year ended December 31, 2024. Yos Shiran, Caesarstone's Chief Executive Officer commented, “Caesarstone delivered resilient adjusted EBITDA performance for the full year, even as our revenue reflects the persistent global market headwinds affecting our industry. Throughout 2024, we made me.

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