Q1 FY25 EARNINGS DECEMBER 19, 2024 ENERPAC. @ Forward-Looking Statements and Non-GAAP Measures Statements made in this presentation that are not historical are forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. In addition to statements with respect to guidance, the terms "outlook," "guidance," "may," "should," "could," "anticipate," "believe," "estimate," "expect," "objective," "plan," "project" and similar expressions are intended to identif ...

Enerpac (EPAC) came out with quarterly earnings of $0.40 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.44%. A quarter ago, it was expected that this industrial products company would post earnings of $0.53 per share when it actually produced earnings of $0.50, delivering a surprise of -5.66%.Over the last four quarters, ...

EXHIBIT 99.1 Enerpac Tool Group Reports First Quarter Fiscal 2025 Results First Quarter of Fiscal 2025 Continuing Operations Highlights Net sales were $145 million, a 2.3% increase compared to the prior year, with a 0.8% decline in organic sales. Operating margin was 21.4% and adjusted operating margin was 21.5%. Net income was $21.7 million, or $0.40 per diluted share, and adjusted net income was $21.9 million, or $0.40 per diluted share. GAAP and adjusted EPS increased 21% and 3% year-over-year, respectiv ...

First Quarter of Fiscal 2025 Continuing Operations Highlights* Net sales were $145 million, a 2.3% increase compared to the prior year, with a 0.8% decline in organic sales.**Operating margin was 21.4% and adjusted operating margin was 21.5%.Net income was $21.7 million, or $0.40 per diluted share, and adjusted net income was $21.9 million, or $0.40 per diluted share. GAAP and adjusted EPS increased 21% and 3% year-over-year, respectively.Adjusted EBITDA was $34.3 million and adjusted EBITDA margin was 23.6 ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Enerpac (EPAC) reports results for the quarter ended November 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on December 18, 2024, might help the stock move higher if these key numbers are better than exp ...

MILWAUKEE, Wis., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Enerpac Tool Group Corp. (NYSE: EPAC) announced today that it will release its first quarter fiscal 2025 earnings after the market closes on Wednesday, December 18, 2024. Management will conduct a conference call to discuss the results on Thursday, December 19, 2024, beginning at 8:30 a.m. ET / 7:30 a.m. CT. A real-time webcast of the conference call can be accessed via the Investors section of the Company’s website here. For those who are unavailable to li ...

Company Overview - Enerpac Tool Group Corp (EPAC) is a premier industrial tools, services, technology, and solutions company with a diversified global business, serving industries such as refinery/petrochemical, industrial MRO, infrastructure, power generation, and mining [3][4] - The company operates in over 100 countries and is a global leader in high-pressure hydraulic tools, controlled force products, and service solutions [4] Market Opportunity - Enerpac targets infrastructure, rail, wind, and industrial MRO as core markets, with a geographic focus on the Asia Pacific region [3] - The company estimates a serviceable market opportunity of $2 billion to $3 billion for its target verticals, which currently represent a modest portion of its $600 million annual revenue [3] Operational Efficiency - Enerpac's ASCEND transformation program, initiated in March 2022, has driven operational efficiency, with $75 million invested and annual operating profit improvement exceeding $50-$60 million by fiscal 2023, a year ahead of plan [3] - The program has improved gross margins by 180 basis points to 51.1% in fiscal 2024, with adjusted SG&A expenses improving by 50 basis points and adjusted EBITDA margin reaching 25.0%, up 1100 basis points since fiscal 2021 [3] Financial Performance - For fiscal 2025, Enerpac forecasts organic revenue growth of 0% to 2%, with net sales (including DTA acquisition) projected at $610 million to $625 million, representing 5% growth at the midpoint [3] - Adjusted EBITDA for fiscal 2025 is forecasted at $150 million to $160 million, with a margin of 25.1% at the midpoint, including a 50 basis point improvement in the base business [3] Balance Sheet and Cash Flow - As of August 31, 2024, Enerpac had $167.1 million in cash and net debt of $27 million, with a leverage rate of 0.2 times net debt to trailing adjusted EBITDA, well below its target range of 1.5-2.5 times [3] - The company expects robust free cash flow of $85 million to $95 million for fiscal 2025, enabling continued capital investment, strategic M&A, and shareholder returns [3]

Financial Performance - Consolidated net sales for fiscal 2024 were $590 million, a 1% decrease from $598 million in fiscal 2023, impacted by a $23 million decline due to the divestiture of the Cortland Industrial business[93]. - Operating profit for fiscal 2024 was $122 million, an increase of $38 million compared to $84 million in fiscal 2023, driven by improved gross profit and reduced SG&A expenses[93]. - Gross profit as a percentage of sales was approximately 51% in fiscal 2024, up 2% from fiscal 2023, attributed to operational improvements from the ASCEND program[93]. - Service sales increased by 7% in fiscal 2024, totaling $116 million, driven by strong growth in the EMEA region[93]. - Total net sales for the year ended August 31, 2024, were $589.5 million, a decrease of 1.2% from $598.2 million in the previous year[136]. - Net earnings from continuing operations were $82.2 million for the year ended August 31, 2024, compared to $53.6 million in the prior year, representing a 53.4% increase[136]. - Earnings per share from continuing operations increased to $1.51, up from $0.95 in the previous year, marking a 58.9% rise[136]. - The company reported a total comprehensive income of $90.6 million for the year, compared to $60.3 million in the previous year[138]. Strategic Initiatives - The ASCEND transformation program aims to drive accelerated earnings growth and efficiency, focusing on organic growth strategies and operational excellence[36]. - The Company plans to pursue strategic acquisitions to enhance its global market position and broaden its product offerings, but execution may be impacted by financing availability and competition for targets[44]. - The ASCEND transformation program is expected to generate an incremental $40 to $50 million in annual operating profit once fully implemented[155]. - The Company completed the sale of the Cortland Industrial business for net cash proceeds of $20.1 million, recording a net gain of $6.0 million[164]. Risks and Challenges - Supply chain issues, including shortages and increased costs, could adversely impact the company's business and operating results[30]. - The company faces collection risks for receivables in foreign jurisdictions, which may lead to delayed payments or uncollectible balances[34]. - Disruptions in global oil markets, such as those due to geopolitical conflicts, could negatively affect the company's revenues from the oil and gas industry[31]. - The company is exposed to risks related to international operations, including unfavorable currency fluctuations and political instability[39]. - Cybersecurity threats pose risks to the company's systems and operations, necessitating significant investments in technology infrastructure[35]. - The company may not be able to maintain operational improvements from restructuring actions, which could adversely affect financial performance[36]. - Legal and regulatory proceedings, including product liability claims, could result in significant costs that adversely affect financial results[55]. Financial Position - As of August 31, 2024, goodwill and other intangible assets totaled $306 million, representing 39% of the company's total assets[49]. - The company has incurred significant indebtedness, which could harm its operating flexibility and competitive position if additional debt is taken on for acquisitions[56]. - The effective income tax rate for fiscal 2024 and 2023 was both 22.1%, slightly higher than the statutory rate of 21% due to state income taxes and foreign jurisdiction taxes[101]. - Total current assets rose to $372,258 million from $355,640 million, marking a 4.6% increase year-over-year[140]. - Total liabilities decreased to $385,349 million from $435,977 million, a reduction of approximately 11.6%[140]. - Cash and cash equivalents at the end of the period reached $167,094 million, compared to $154,415 million at the end of the previous year, a growth of 8.2%[142]. Shareholder Returns - The Company declared a dividend of $0.04 per share of Class A common stock for fiscal 2024, payable on October 18, 2024[76]. - Since the inception of the initial share repurchase program in fiscal 2012, the Company has repurchased 30,082,181 shares for $839 million[77]. - The Company repurchased 1,309,466 shares for $38.4 million in the year ended August 31, 2024, with a total of 30,082,181 shares repurchased since the inception of the program for $838.9 million[200]. Operational Metrics - The Company operates 1,512 thousand square feet of facilities, with 1,313 thousand square feet for manufacturing and distribution[71]. - The IT&S segment reported net sales of $571 million in fiscal 2024, a 3% increase from $555 million in fiscal 2023, primarily driven by service business growth[96]. - Corporate expenses decreased to $36 million in fiscal 2024, down $27 million from $63 million in fiscal 2023, primarily due to reduced ASCEND transformation program charges[100]. - Cash provided by operating activities was $81 million for fiscal 2024, an increase of $3 million from $78 million in fiscal 2023, attributed to higher earnings from continuing operations[103]. Market Conditions - A significant portion of the company's revenues is derived from cyclical industries, which may be adversely affected during economic contractions[31]. - The market price of the company's common stock may be volatile due to various factors, including quarterly revenue fluctuations and external economic conditions[60]. - The company is exposed to geopolitical risks that could adversely impact its business and financial results[64]. Environmental and Regulatory Factors - Climate-related laws and regulations may negatively impact the company's operations, particularly in the oil & gas sector, which constitutes a significant portion of its revenue[42]. - Environmental expenditures over the past three years have not been material, and management believes potential liabilities will not materially affect financial position[216].

In a release issued under the same headline yesterday by Enerpac Tool Group Corp. (NYSE: EPAC), please note that in the Outlook section, the third paragraph should have read "Forecasted adjusted EBITDA is $150 million to $160 million, with anticipated free cash flow of $85 million to $95 million." and not "Forecasted adjusted EBITDA is $150 million to $160 million, with anticipated free cash flow of $89 million to $99 million." The $85 million to $95 million free cash flow guidance is consistent with the or ...

Enerpac Tool Group Corp. (NYSE:EPAC) Q4 2024 Earnings Conference Call October 16, 2024 8:30 AM ET Company Participants Travis Williams - Director of Investor Relations Paul Sternlieb - President and Chief Executive Officer Shannon Burns - Interim Principal Financial Officer Conference Call Participants Thomas Hayes - CL King Ross Sparenblek - William Blair Steve Silver - Argus Research Operator Ladies and gentlemen, thank you for standing by. Welcome to the Enerpac Tool Group's Fourth Quarter Fiscal 2024 Ea ...