EnerSys (ENS) Banks on Solid Order Level Amid Forex Woes

EnerSys (ENS) is poised to gain from strength in its Specialty segment, driven by increased orders in transportation, aerospace and defense markets in both the United States and Europe. The segment’s revenues increased 6.8% year over year in the third quarter of fiscal 2024 (ended December 2023). Management expects the Motive power segment to benefit from strength in automation and electrification markets.In the quarters ahead, EnerSys is poised to benefit from its solid product offerings, a firm focus on p ...