Crane NXT Co 2024年度报告

Aaron W. Saak ˃res˜deˡ˧ʙʶh˜e˙ʸ˫e˖˨˧˜˩e˂˙Ѓ˖er 2024 Annual Report CEO Letter Dear Fellow Shareholders, ʴs we reЄe˖˧oˡʶraˡeˁˋˇϠsЃrs˧˙˨llˬear as aˡ˜ˡdeˣeˡdeˡ˧˖oˠˣaˡˬ,ʼaˠ˜ˡ˖red˜˕lˬˣro˨d o˙˧heˣro˚ress we ha˩eˠade oˡo˨rˠ˜ss˜oˡ˧oˣro˩˜de˧r˨s˧ed˧e˖hˡolo˚ˬsol˨˧˜oˡs˧ha˧se˖˨re, de˧e˖˧aˡd a˨˧heˡ˧˜˖a˧e wha˧ˠa˧˧ersˠos˧˧o o˨r˖˨s˧oˠersʡ ʼˡʥʣʥʧ, we˧oo˞ˠeaˡ˜ˡ˚˙˨l s˧eˣs˧o˚row aˡd d˜˩ers˜˙ˬo˨rˣor˧˙ol˜o˧hro˨˚h s˧ra˧e˚˜˖ˀʙʴ, wh˜le˖oˡ˧˜ˡ˨˜ˡ˚˧o˜ˡ˩es˧˜ˡo˨r˖ore aˡd dr˜˩e˖oˡ˧˜ˡ˨o˨s˜ˠˣro˩eˠeˡ˧w˜˧h˧heʶraˡeʵ˨s˜ˡess Sˬs˧eˠʛʶʵSʜʡˈˡderˣ˜ˡˡ˜ˡ˚˧h˜sˣro˚ress˜s o˨r loˡ˚s˧aˡd˜ˡ˚˖oˠˠ˜˧ˠeˡ˧˧o l˜˩˜ˡ˚o˨r˖ore˩al˨esʭ˃eoˣleˀa˧˧er, Do˧he˅˜˚h˧ˇh˜ˡ˚,ˇr˨s˧ed˃ar˧ˡer,ʼˡˡo˩a˧e˙orʺrow˧h, aˡdʴlwaˬsʼˠˣro˩˜ˡ˚ʡ 2024 Financial Performance ˂˨rʥʣʥʧЃˡaˡ˖˜alˣer˙orˠaˡ˖e reЄe˖˧s o˨r˧eaˠϠs oˣera˧˜ˡ˚r˜˚or aˡd was˜ˡl˜ˡe w˜˧h o˨r e˫ˣe˖˧a˧˜oˡsʡFor˧he˙˨llˬear, sales˜ˡ˖reased˕ˬaˣˣro˫˜ˠa˧elˬʪʘˬearʠo˩erʠˬear˧oˡearlˬʗʤʡʨ˕˜ll˜oˡ, w˜˧h˖ore sales˚row˧h o˙aˣˣro˫˜ˠa˧elˬʤʘ, aˡd we del˜˩ered ad˝˨s˧ed se˚ˠeˡ˧oˣera˧˜ˡ˚ˠar˚˜ˡʤo˙aˣˣro˫˜ˠa˧elˬʥʪʘaˡd ad˝˨s˧edʸ˃Sʤo˙ʗʧʡʥʩʡ ˊe˖oˡ˧˜ˡ˨e˧o e˫e˖˨˧e o˨r s˧ra˧e˚ˬ,ˣos˜˧˜oˡ˜ˡ˚˧he˖oˠˣaˡˬ˙or loˡ˚ʠ˧erˠs˨˖˖ess aˡd˕˨˜ld˜ˡ˚oˡo˨rˣos˜˧˜oˡas a˧e˖hˡolo˚ˬleader, h˜˚hl˜˚h˧ed˕ˬaˡ˨ˠ˕er o˙e˫˖˜˧˜ˡ˚oˣera˧˜oˡal aˡd˖oˠˠer˖˜ala˖h˜e˩eˠeˡ˧s˜ˡʥʣʥʧʭ ʼˡo˨r Se˖˨r˜˧ˬʙʴ˨˧heˡ˧˜˖a˧˜oˡˇe˖hˡolo˚˜es se˚ˠeˡ˧, we˖oˡ˧˜ˡ˨ed˧o w˜ˡshare w˜˧h o˨rlead˜ˡ˚˧e˖hˡolo˚ˬ, aˡd˜ˡʥʣʥʧwe woˡa˧o˧al o˙ʤʦˡew˖˨rreˡ˖ˬdeˡoˠ˜ˡa˧˜oˡs sˣe˖˜˙ˬ˜ˡ˚o˨rˣroˣr˜e˧arˬˠ˜˖roʠoˣ˧˜˖se˖˨r˜˧ˬ˧e˖hˡolo˚ˬʡ ˊe also woˡo˨rЃrs˧˖oˡ˧ra˖˧sell˜ˡ˚ˠ˜˖roʠoˣ˧˜˖s˧hro˨˚h˧he˂ˣSe˖˖haˡˡelʡˇh˜se˫ˣaˡs˜oˡo˙o˨rˣrod˨˖˧ˣor˧˙ol˜o w˜ll dr˜˩e˚rea˧er re˖˨rr˜ˡ˚re˩eˡ˨e aˡd h˜˚hl˜˚h˧s˧he˨ˡ˜ˤ˨e˩al˨eˣroˣos˜˧˜oˡwe areˡow a˕le˧o o˙˙er o˨r˖˨s˧oˠers˧hro˨˚h o˨r˙˨ll s˨˜˧eo˙a˨˧heˡ˧˜˖a˧˜oˡsol˨˧˜oˡsʡ ʼˡo˨rʶraˡe˃aˬˠeˡ˧ʼˡˡo˩a˧˜oˡs se˚ˠeˡ˧, we e˫ˣaˡded o˨r ser˩˜˖e o˙˙er˜ˡ˚w˜˧h˧heoˣeˡ˜ˡ˚o˙o˨rЃrs˧ser˩˜˖e˖eˡ˧er wh˜˖hˣro˩˜des o˨r˖˨s˧oˠers w˜˧h a˙as˧er,ˠore˖os˧ʠe˙˙e˖˧˜˩e sol˨˧˜oˡ˙or reˣa˜rs aˡd˖oˠˣleˠeˡ˧s o˨r oˡs˜˧eЃeld ser˩˜˖e o˙˙er˜ˡ˚sʡ Maintaining a Disciplined Approach to Capital Allocation ʴs we˖oˡ˧˜ˡ˨e˧o˕˨˜ld oˡo˨r s˧roˡ˚aˡd res˜l˜eˡ˧˙o˨ˡda˧˜oˡ, weˠa˜ˡ˧a˜ˡa d˜s˖˜ˣl˜ˡed aˣˣroa˖h˧o˖aˣ˜˧al allo˖a˧˜oˡ˙o˖˨s˜ˡ˚oˡ˧hree areasʭ 1)ʼˡ˩es˧˜ˡ˚˙or or˚aˡ˜˖˚row˧hʡʼˡʥʣʥʧ, we˜ˡ˩es˧ed˜ˡ˨ˣ˚rad˜ˡ˚˧e˖hˡolo˚ˬaˡdeˤ˨˜ˣˠeˡ˧˜ˡˣreˣara˧˜oˡ˙or˧heˡewˈʡSʡ˕aˡ˞ˡo˧e ser˜es wh˜˖h w˜ll la˨ˡ˖h˜ˡʥʣʥʩʡˇh˜s˜ˡ˩es˧ˠeˡ˧w˜ll s˨ˣˣor˧aˠ˨l˧˜ʠˬear˚row˧h oˣˣor˧˨ˡ˜˧ˬ, aˡd we areˣro˨d˧oˣar˧ˡer w˜˧h˧heʵ˨rea˨o˙ʸˡ˚ra˩˜ˡ˚aˡd˃r˜ˡ˧˜ˡ˚oˡ˧h˜s˩erˬ˜ˠˣor˧aˡ˧ˣro˚raˠʡ 2)˅e˧˨rˡ˜ˡ˚˖aˣ˜˧al˧o shareholdersʡʼˡʥʣʥʧ, we aˡˡo˨ˡ˖ed aˡ˜ˡ˖rease o˙ʤʧʘ˧o o˨r aˡˡ˨ald˜˩˜deˡd,ˠa˜ˡ˧a˜ˡ˜ˡ˚a˖oˠˣe˧˜˧˜˩eˣos˜˧˜oˡw˜˧h o˨r˜ˡd˨s˧r˜al˧e˖hˡolo˚ˬˣeer se˧ʡ 3)ʸ˫e˖˨˧˜ˡ˚d˜s˖˜ˣl˜ˡedˀʙʴʡˊe are˙o˖˨sed oˡˠar˞e˧s w˜˧h se˖˨lar˧a˜lw˜ˡds aˡd˜deˡ˧˜˙ˬ˜ˡ˚˖oˠˣaˡ˜es w˜˧h d˜˙˙ereˡ˧˜a˧ed˧e˖hˡolo˚˜es˧ha˧ha˩e a˖learˣa˧h˧o˩al˨e˖rea˧˜oˡal˜˚ˡed˧o o˨r s˧ra˧e˚ˬo˙ˣro˩˜d˜ˡ˚˧r˨s˧ed˧e˖hˡolo˚ˬsol˨˧˜oˡs˧ha˧se˖˨re, de˧e˖˧aˡd a˨˧heˡ˧˜˖a˧e o˨r˖˨s˧oˠerϠsˣrod˨˖˧sʡ ˊe w˜ll˖oˡ˧˜ˡ˨e˧o˕e˖oˠˠ˜˧˧ed˧o a˕alaˡ˖ed˖aˣ˜˧al allo˖a˧˜oˡs˧ra˧e˚ˬaˡd˧oˠa˜ˡ˧a˜ˡ˜ˡ˚aˠˣle˖aˣa˖˜˧ˬ˧o deˣloˬ˖aˣ˜˧al˧oward s˧ra˧e˚˜˖a˖ˤ˨˜s˜˧˜oˡs˧ha˧ˠee˧o˨r s˧ra˧e˚˜˖aˡdЃˡaˡ˖˜al˖r˜˧er˜aʡ Growing Through Strategic M&A ˊheˡwe la˨ˡ˖hedʶraˡeˁˋˇ˜ˡʴˣr˜lʥʣʥʦ, we o˨˧l˜ˡed o˨rˣlaˡs˧o˚row aˡd d˜˩ers˜˙ˬ˧he˖oˠˣaˡˬ˜ˡ˧oˡearʠad˝a˖eˡ˧ˠar˞e˧s˕˨˜ld˜ˡ˚oˡo˨r˧e˖hˡolo˚ˬaˡd oˣera˧˜oˡal˖aˣa˕˜l˜˧˜esʡʼˡʥʣʥʧ, weˠades˜˚ˡ˜Ѓ˖aˡ˧ˣro˚ress e˫e˖˨˧˜ˡ˚oˡ˧h˜s s˧ra˧e˚ˬʡ ˊe e˫ˣaˡded o˨r˖aˣa˕˜l˜˧˜es a˖ross˧he eˡ˧˜re a˨˧heˡ˧˜˖a˧˜oˡ˩al˨e˖ha˜ˡw˜˧h˧hea˖ˤ˨˜s˜˧˜oˡo˙˂ˣSe˖Se˖˨r˜˧ˬ, a˚lo˕al leader˜ˡ˕raˡdˣro˧e˖˧˜oˡaˡd a˨˧heˡ˧˜˖a˧˜oˡsol˨˧˜oˡsʡˇhro˨˚h˧h˜s a˖ˤ˨˜s˜˧˜oˡ, we˖rea˧ed a lead˜ˡ˚ˣrod˨˖˧a˨˧heˡ˧˜˖a˧˜oˡˣla˧˙orˠaˡd e˫˧eˡded o˨r a˨˧heˡ˧˜˖a˧˜oˡˠar˞e˧leadersh˜ˣ˧o˜ˡ˖l˨de so˙˧ware sol˨˧˜oˡs˧ha˧˧ra˖˞aˡd˧ra˖e˚oods aˡdˣro˩˜de˖˨s˧oˠer aˡalˬ˧˜˖s aˡd oˡl˜ˡe˕raˡdˣro˧e˖˧˜oˡsol˨˧˜oˡsʡ ˊe also a˖ˤ˨˜redˇr˨ˇa˚Sˠar˧˃a˖˞a˚˜ˡ˚, a˨ˡ˜ˤ˨e˧e˖hˡolo˚ˬ˧ha˧ˣro˩˜des se˖˨red˜˚˜˧˜˭a˧˜oˡo˙ˣhˬs˜˖alˣrod˨˖˧s˧hro˨˚hˣroˣr˜e˧arˬse˖˨reˠar˞˜ˡ˚aˡd sˠar˧ˣhoˡea˨˧heˡ˧˜˖a˧˜oˡʡ F˜ˡallˬ, we aˡˡo˨ˡ˖ed o˨r eˡ˧rˬ˜ˡ˧o aˡa˚reeˠeˡ˧˧o a˖ˤ˨˜re Deʿa˅˨eʴ˨˧heˡ˧˜˖a˧˜oˡSol˨˧˜oˡs, w˜˧h aˡaˡ˧˜˖˜ˣa˧ed˖los˜ˡ˚˜ˡ˄ʥʥʣʥʨʡDeʿa˅˨eϠsʴ˨˧heˡ˧˜˖a˧˜oˡSol˨˧˜oˡs˕˨s˜ˡess˖oˠˣleˠeˡ˧s˧he a˨˧heˡ˧˜˖a˧˜oˡaˡd oˡl˜ˡe˕raˡdˣro˧e˖˧˜oˡsol˨˧˜oˡs o˙˂ˣSe˖aˡd e˫ˣaˡdsʶraˡeˁˋˇϠsˣor˧˙ol˜o˧o˜ˡ˖l˨de˧e˖hˡolo˚˜es˙or se˖˨r˜ˡ˚˚o˩erˡˠeˡ˧ʠ˜ss˨ed˜deˡ˧˜Ѓ˖a˧˜oˡdo˖˨ˠeˡ˧s aˡd˖redeˡ˧˜alsʡˊe loo˞˙orward˧o wel˖oˠ˜ˡ˚˧he Deʿa˅˨eʴ˨˧heˡ˧˜˖a˧˜oˡ˧eaˠ˧o˧he˖oˠˣaˡˬ˜ˡʥʣʥʨʡ ˇhese a˖ˤ˨˜s˜˧˜oˡs ha˩e˕ols˧ered o˨rˣos˜˧˜oˡas a˧e˖hˡolo˚ˬleader aˡd˙˨r˧her eˡhaˡ˖e o˨r a˕˜l˜˧ˬ˧oˣro˩˜de d˜˙˙ereˡ˧˜a˧ed aˡd˜ˡˡo˩a˧˜˩e sol˨˧˜oˡs˧o o˨r˖˨s˧oˠersʡʺo˜ˡ˚˙orward, we w˜ll˖oˡ˧˜ˡ˨e˧oe˩al˨a˧e oˣˣor˧˨ˡ˜˧˜es˧o˙˨r˧her e˫ˣaˡd aˡd d˜˩ers˜˙ˬ˧heˣor˧˙ol˜o˧hro˨˚h d˜s˖˜ˣl˜ˡedˀʙʴʡ˂˨r ro˕˨s˧ˣ˜ˣel˜ˡe o˙s˧ra˧e˚˜˖˧ar˚e˧s˖o˨ˣled w˜˧h o˨r s˧roˡ˚˕alaˡ˖e shee˧aˡd˙ree˖ashЄow˚eˡera˧˜oˡˣos˜˧˜oˡ˨s well˧o˖oˡ˧˜ˡ˨e˧o˚row˧he˕˨s˜ˡessʡ Dri˩ing EfЃciencies with the Craneʵusiness Sˬstem ʸ˩erˬdaˬ, we l˜˩e o˨rʴlwaˬsʼˠˣro˩˜ˡ˚˩al˨e˧o˕e˧˧er ser˩e o˨r˖˨s˧oˠers,˜ˠˣro˩eˣrod˨˖˧˜˩˜˧ˬ,aˡd˚eˡera˧e˖ash˙or˜ˡ˩es˧ˠeˡ˧˜ˡ˚row˧hʡ˂˨r˧eaˠs are˧ra˜ˡed˜ˡʶʵS˧ools aˡdˠe˧hodolo˚ˬ˧o dr˜˩e d˜˙˙ereˡ˧˜a˧ed oˣera˧˜oˡalˣer˙orˠaˡ˖e,˜ˡ˖l˨d˜ˡ˚˜ˡ˖reased oˣera˧˜ˡ˚ˠar˚˜ˡs,˜ˠˣro˩edˣrod