Heico — Dec 17, 2024 release

These acquisitions were funded using cash provided by operating activities, except for Capewell, which was principally funded using proceeds from our revolving credit facility. We expect each of these acquisitions to be accretive to our earnings within the year following the acquisition. Today, HEICO's Board of Directors declared a semiannual cash dividend of $.11 per share payable in January 2025. This cash dividend will be HEICO's 93 rd consecutive semiannual cash dividend since 1979. The cash dividend confirms our Board of Director's confidence in HEICO's future while continuing to reward our shareholders and retaining sufficient capital to fund our internal growth and acquisitions. As we look ahead to fiscal 2025, we anticipate net sales growth in both the Flight Support Group and Electronic Technologies Group, driven primarily by organic growth supported by strong demand for the majority of our products. Additionally, we plan to drive growth through our recently completed acquisitions while positioning ourselves to capitalize on potential opportunities from future acquisitions. Our priorities include -more- advancing the development of new products and services, further expanding market penetration, and maintaining our financial strength and flexibility, all with a strong emphasis on delivering long-term value to our shareholders." Flight Support Group Eric A. Mendelson, HEICO's Co-President and President of HEICO's Flight Support Group, commented on the Flight Support Group's record setting fourth quarter results stating, "Continuing on our gro