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Gates Industrial Reports Third-Quarter 2025 Results
Prnewswire· 2025-10-29 12:00
Financial Performance - Gates Industrial Corporation reported third-quarter 2025 net sales of $855.7 million, representing a 3.0% increase year-over-year, with core sales growth of 1.7% [8] - The company achieved net income attributable to shareholders of $81.6 million, or $0.31 per diluted share, compared to $47.6 million, or $0.18 per diluted share in the prior year [15] - Adjusted EBITDA for the quarter was $195.8 million, with a margin of 22.9%, an increase of 90 basis points from the previous year [8][15] Segment Performance - In the Power Transmission segment, net sales reached $533.3 million, up 3.9% year-over-year, with an adjusted EBITDA of $122.1 million and a margin of 22.9% [3] - The Fluid Power segment reported net sales of $322.4 million, a 1.6% increase, with adjusted EBITDA of $73.7 million and a margin of 22.9% [4] Debt and Share Repurchase - The company paid down $100 million of gross debt during the quarter, improving its balance sheet [2] - A new share repurchase program was authorized for up to $300 million, valid through December 2026, replacing the previous authorization [5][6] Guidance and Outlook - Gates Industrial raised its adjusted EPS guidance towards the high end of the prior range, anticipating solid revenue generation opportunities [2] - The company expects core sales growth in the range of +0.5% to +1.5% year-over-year for 2025, with adjusted EBITDA projected between $770 million to $790 million [9]
3M Delivers Strong Third-Quarter Results; Increases Full-Year Margin and EPS Guidance
Prnewswire· 2025-10-21 10:30
Core Insights - 3M reported strong third-quarter results for 2025, highlighting a focus on organic growth and operational performance improvements [2][3][6] Financial Performance - GAAP EPS from continuing operations was $1.55, while adjusted EPS was $2.19, reflecting a 10% year-on-year increase [3][4][6] - Net sales reached $6.5 billion, up 3.5% year-on-year, with organic sales growth of 2.6% [5][6][7] - Adjusted operating income margin improved to 24.7%, an increase of 170 basis points year-on-year [4][6] - Operating cash flow was $1.8 billion, with adjusted free cash flow of $1.3 billion [6][12] Guidance and Outlook - The company raised its full-year 2025 adjusted EPS guidance from a range of $7.75 - $8.00 to $7.95 - $8.05 [6][9][13] - Adjusted total sales growth is projected to exceed 2.5%, with adjusted organic sales growth expected to be over 2% [13] Shareholder Returns - 3M returned $0.9 billion to shareholders through dividends and share repurchases [7]
ATI Announces Webcast for Third Quarter 2025 Results
Prnewswire· 2025-09-30 12:31
Company Overview - ATI is a global producer of high-performance materials and solutions for aerospace and defense markets, as well as critical applications in electronics, medical, and specialty energy [3] - The company focuses on solving complex challenges through materials science and partners with customers to deliver extraordinary materials that enhance product performance [3] Upcoming Events - ATI has scheduled a live webcast for its third quarter 2025 earnings conference call on October 28, 2025, at 7:30 a.m. CT (8:30 a.m. ET) [1] - The third quarter 2025 results will be published prior to the call at 6:30 a.m. CT (7:30 a.m. ET) [1] Additional Developments - ATI announced the appointment of two aerospace executives, Elizabeth Lund and Jean Lydon-Rodgers, to its Board to drive growth [4] - The Chief Financial Officer, Don Newman, has announced his retirement [5]
AAON To Present at D.A. Davidson's Diversified Industrials & Services Conference on September 18, 2025
Prnewswire· 2025-09-11 12:00
Core Viewpoint - AAON, Inc. is actively engaging with investors through participation in D.A. Davidson's Diversified Industrials & Services Conference, highlighting its commitment to transparency and investor relations [1][2]. Company Overview - AAON, Inc. is a global leader in HVAC solutions, founded in 1988, specializing in high-performance and energy-efficient systems for commercial, industrial, and data center environments [3]. - The company designs and manufactures highly configurable and custom-made equipment, enhancing efficiency, performance, and long-term value for customers [3]. - AAON operates under the AAON and BASX brands and is headquartered in Tulsa, Oklahoma, where it has a world-class innovation center and testing lab [3]. Event Participation - The CEO & President, Matt Tobolski, will participate in a 40-minute fireside chat with D.A. Davidson analyst Brent Thielman on September 18, 2025, at 11:30 a.m. EDT [2]. - A live webcast of the fireside chat will be available on AAON's Investor Relations website, indicating the company's focus on accessibility for investors [2].
Flex Named to TIME's World's Best Companies List for Third Consecutive Year
Prnewswire· 2025-09-10 13:20
Core Insights - Flex has been included in the TIME World's Best Companies 2025 list for the third consecutive year, highlighting its strong performance and commitment to sustainability [1] - The recognition reflects Flex's focus on employee satisfaction, revenue growth, and responsible business practices, evaluated through data collected from 200,000 participants [1] Company Overview - Flex is recognized as a manufacturing partner that aids a diverse customer base in designing and building products aimed at improving the world [2] - The company operates across 30 countries, leveraging a global workforce to deliver technology innovation, supply chain, and manufacturing solutions [2]