Veralto (US:VLTO) Prnewswireยท2025-07-28 20:30Core Insights - Veralto reported strong second quarter results driven by effective commercial execution and consistent customer demand, leading to mid-single-digit core sales growth and double-digit adjusted earnings per share growth [2][10] - The company raised its full-year core sales growth and adjusted earnings per share guidance based on stable demand and macroeconomic conditions [2][5] Financial Performance - Total sales increased by 6.4% year-over-year to $1,371 million, with non-GAAP core sales growth of 4.8% [10][20] - Adjusted diluted earnings per share for the second quarter were $0.93, compared to $0.81 in the same period last year [10][14] - Operating profit margin was reported at 22.8%, while non-GAAP adjusted operating profit margin was 23.7% [10][14] Guidance and Forecast - For the third quarter of 2025, Veralto anticipates non-GAAP core sales growth of mid-single digits year-over-year, with adjusted diluted earnings per share expected to be between $0.91 and $0.95 [4][22] - The full-year adjusted earnings per share guidance was raised to a range of $3.72 to $3.80, up from the previous range of $3.60 to $3.70 [5][22] - The company expects full-year core sales growth to be mid-single digits, an increase from the prior low-to-mid-single-digit assumption [5][22] Cash Flow and Financial Health - Operating cash flow for the second quarter was $339 million, with non-GAAP free cash flow at $323 million, reflecting a year-over-year increase of approximately 34.5% [10][23] - The company maintains a strong financial position and is focused on prudent capital allocation to enhance long-term shareholder value [2][5] Company Overview - Veralto is a global leader in essential technology solutions with annual sales exceeding $5 billion and a workforce of nearly 17,000 associates [7][10] - The company is dedicated to addressing complex societal challenges, particularly in providing access to clean water and safe food [7][10]