Core Viewpoint - Crane NXT anticipates significant growth in its U.S. Currency business, projecting high-single-digit growth in 2026 based on the Federal Reserve's print order [1][3]. Group 1: U.S. Currency Business Outlook - The 2026 print order estimates banknote demand between 3.8 billion and 5.1 billion, with a notable increase of approximately 90% in higher denomination banknotes compared to 2025 [2]. - The increase in higher denomination banknotes is partially offset by a decrease in expected volumes for lower denomination banknotes [2]. Group 2: Company Strategy and Performance - Crane NXT's CEO expressed confidence in the expected growth for 2026, highlighting the demand for higher denomination banknotes with advanced security features [3]. - The company is committed to supporting the U.S. Currency Program's strategic priorities, including the redesign of the $10 banknote scheduled for release next year [3]. - The acquisition of Antares Vision is part of Crane NXT's strategy to enhance its position as a leading provider of trusted technology solutions [3]. Group 3: Company Overview - Crane NXT is recognized as a premier industrial technology company that offers solutions to secure, detect, and authenticate valuable assets [4]. - The company employs approximately 5,000 individuals dedicated to ensuring secure transactions and protecting customer assets globally [4].
Crane NXT Expects High Single Digit Revenue Growth in its U.S. Currency Business in 2026