secwatch.observer — SEC 8-K summary
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Issuer:     EnerSys (ENS)
CIK:        0001289308
Form:       8-K
Filed at:   2024-05-22T23:59:59+00:00
Accession:  0001289308-24-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EnerSys Q4 adjusted EPS $2.08, +14% YoY; announces Bren-Tronics acquisition
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- Q4 net sales $911M (-8% YoY); GAAP EPS $1.48; adjusted EPS $2.08 (+14% YoY); gross margin 27.9% (+300 bps).
- FY2024: net sales $3.6B (-3%); GAAP EPS $6.50 (+53%); adjusted EPS $8.35 (+56%); operating cash flow $457M (+$177M).
- Agreed to acquire Bren-Tronics (portable power for defense); expected close near end of fiscal Q1 2025; immediately accretive.
- Quarterly dividend raised 29% to $0.225 per share, payable June 28, 2024; record date June 14, 2024.
- Data center revenue up 10% sequentially, now 10% of total; selected Greenville, SC for lithium-ion gigafactory with $200M funding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289308/000128930824000019/0001289308-24-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289308/000128930824000019/ens-20240522.htm
  HTML page:      https://secwatch.observer/filing/0001289308-24-000019

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