WESTFORD, Mass., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) has entered into a definitive agreement to acquire voestalpine BÖHLER Profil GmbH & Co KG (“voestalpine BÖHLER Profil”). The acquisition is expected to close in the first quarter of 2026, subject to certain Austrian regulatory approvals and the satisfaction of customary closing conditions, and will be financed primarily through borrowings under Kadant’s revolving credit facility. With over 150 years of experience, voestalpine BÖHLER ...

Core Viewpoint - Kadant Inc. is set to release its third quarter results for 2025 on October 28, 2025, followed by a webcast on October 29, 2025, to discuss financial performance and future expectations [1]. Company Overview - Kadant is a global supplier of technologies and engineered systems focused on Sustainable Industrial Processing, enhancing efficiency, optimizing energy utilization, and maximizing productivity in process industries [3]. - The company is headquartered in Westford, Massachusetts, and employs approximately 3,900 people across 22 countries [3]. Investor Information - Interested participants can access the live call and webcast through the "Investors" section of Kadant's website, with a recommendation to join 10 minutes early [2]. - A replay of the webcast will be available until November 28, 2025, and the earnings release along with the webcast presentation will also be posted in the "Investors" section [2].

Core Insights - Kadant Inc. has completed the acquisition of Clyde Industries Holdings, Inc. for $175 million in cash, financed through borrowings under Kadant's revolving credit facility [1][2] - Clyde Industries specializes in boiler efficiency and cleaning system technologies, with a revenue of $92 million for the fiscal year ended February 28, 2025 [2] - The acquisition aligns with Kadant's strategic goals to expand its industrial processing offerings and enhance its product portfolio [3] Company Overview - Kadant Inc. is a global supplier of technologies and engineered systems that drive Sustainable Industrial Processing, with approximately 3,900 employees in 22 countries [5] - Clyde Industries, founded in 1924, has around 400 employees and operates in multiple countries including Brazil, China, and Canada [2] - The acquisition will integrate Clyde Industries into Kadant's Industrial Processing reporting segment [2][3] Strategic Implications - The acquisition is expected to complement Kadant's existing capabilities and support its commitment to sustainability in industrial processing [3] - Both companies express optimism about the growth opportunities presented by the integration, leveraging Kadant's industry expertise and broad solutions [3] Upcoming Events - Kadant will hold a conference call on October 9, 2025, to discuss the acquisition, with a replay available until November 7, 2025 [4]

Core Insights - Kadant Inc. has been recognized as one of "America's Greatest Companies 2025" by Newsweek magazine, highlighting its strong stock and financial performance, workforce engagement, sustainability efforts, and innovation [1][2] Company Overview - Kadant Inc. is a global supplier of technologies and engineered systems focused on Sustainable Industrial Processing, enhancing efficiency, optimizing energy utilization, and maximizing productivity in process industries [3] - The company is headquartered in Westford, Massachusetts, and employs approximately 3,500 individuals across 20 countries [3]

Core Viewpoint - Kadant Inc. reported a decrease in revenue and net income for the second quarter of 2025 compared to the same period in 2024, but showed strong cash flow and an increase in bookings, indicating a solid demand for its products and services [3][4][5][6][8]. Financial Performance - Revenue decreased by 7% to $255.3 million from $274.8 million in 2024, with organic revenue down 8% [4][10]. - Net income fell by 16% to $26.2 million compared to $31.3 million in 2024, with GAAP EPS decreasing by 17% to $2.22 [5][10]. - Adjusted EPS decreased by 18% to $2.31, excluding acquisition-related costs [5][10]. - Adjusted EBITDA decreased by 15% to $52.4 million, representing 20.5% of revenue, down from 22.5% in 2024 [6][10]. Cash Flow and Bookings - Operating cash flow increased by 44% to $40.5 million compared to $28.1 million in 2024 [6][10]. - Free cash flow rose by 58% to $36.5 million from $23.1 million in 2024 [6][10]. - Bookings increased by 7% to $269.4 million from $251.7 million in 2024, with organic bookings up 6% [7][10]. Outlook - The company maintains its revenue guidance for the full year, expecting revenue between $1.020 billion and $1.040 billion and adjusted EPS between $9.05 and $9.25 [8]. - For the third quarter of 2025, revenue is expected to be between $256 million and $263 million, with GAAP EPS projected between $2.12 and $2.22 [8]. Segment Performance - The Flow Control segment reported revenue of $95.9 million, up from $92.3 million in 2024, while the Industrial Processing segment saw a decline to $95.9 million from $114.8 million [21][24]. - The Material Handling segment's revenue decreased to $63.4 million from $67.7 million [21][24]. Company Overview - Kadant Inc. is a global supplier of technologies and engineered systems that drive Sustainable Industrial Processing, with approximately 3,500 employees in 20 countries [28].

Core Insights - Kadant Inc. has received orders totaling $18 million from three lumber producers in North America and Europe since its first quarter earnings call, with shipments expected between late 2025 and Q3 2026 [1][2] - The orders include capital equipment for debarking, stranding, chipping, and batch feeding whole logs and lumber wastewood, aimed at producing oriented strand board (OSB) and dimensional lumber [1] - Kadant's smart technology systems will enhance wood processing operations by utilizing key data to optimize production processes [1][2] Company Overview - Kadant Inc. is a global supplier of technologies and engineered systems that promote sustainable industrial processing, enhancing efficiency and productivity in process industries [3] - The company is headquartered in Westford, Massachusetts, and employs approximately 3,500 people across 20 countries [3]

Company Announcement - Kadant Inc. will release its 2025 first quarter results after the market closes on April 29, 2025, and will hold a webcast on April 30, 2025, at 11:00 a.m. Eastern Time to discuss financial performance and future expectations [1] - The earnings release and webcast presentation will be available in the "Investors" section of the company's website [2] Company Overview - Kadant is a global supplier of technologies and engineered systems that drive Sustainable Industrial Processing, enhancing efficiency, optimizing energy utilization, and maximizing productivity in process industries [3] - The company is based in Westford, Massachusetts, and employs approximately 3,500 people across 20 countries [3]