Financial Data and Key Metrics Changes - The company reported a record adjusted EPS of $2.72, up 13% from the prior year [7] - Organic growth accelerated to 9% from 6% in the prior quarter, with total company orders increasing by 3% versus the prior quarter [7][12] - Total revenue for Q1 reached $6.4 billion, with segment margins expanding by 80 basis points to 23.9% [12] Business Line Data and Key Metrics Changes - **Electrical Americas**: Organic sales growth accelerated to 13%, with an operating margin of 30%, up 80 basis points year-over-year [13] - **Electrical Global**: Organic growth increased from 5.5% to 9%, with an operating margin of 18.6%, up 30 basis points [15] - **Aerospace**: Organic growth accelerated to 13%, with a strong operating margin of 23.1% [18] - **Vehicle Segment**: Revenue declined by 15%, including an 11% organic decline, but managed to maintain strong margins of 15.5% [19] - **eMobility**: Revenue increased by 2%, with a 3% organic growth [19] Market Data and Key Metrics Changes - The U.S. data center construction backlog now stands at nine years, up from seven years [10] - Strong activity in EMEA and APAC regions, with double-digit organic growth reported [15] - The backlog for Electrical Americas increased by 6% year-over-year, providing strong visibility for organic growth [14] Company Strategy and Development Direction - The company is focused on leveraging megatrends driving growth opportunities across its end markets [8] - The acquisition of Fiberbond is seen as a strategic move to enhance capabilities in the data center market [9] - The company is raising its 2025 organic growth outlook to a range of 7.5% to 9.5% and reaffirming its adjusted EPS guidance [26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term market growth prospects despite current economic uncertainties [24] - The company is implementing strategies to mitigate tariff impacts and maintain competitiveness in the U.S. market [21][22] - Management highlighted the importance of a localized sourcing and manufacturing strategy to enhance resilience [22] Other Important Information - The company has a strong negotiation pipeline, with an 18% increase in major project negotiations compared to the prior quarter [14] - The company is committed to investing in leading technologies to enhance its utility business [50] Q&A Session Summary Question: Data center performance and expectations for the rest of the year - Management remains optimistic about the data center market, expecting strong double-digit growth and high levels of negotiation activity [34] Question: Competitive positioning in the U.S. market post-tariffs - Management believes Eaton's local manufacturing strategy provides a competitive advantage, minimizing reliance on external sources [38] Question: Outlook for Electrical Americas orders - Orders are expected to remain strong, supported by record backlogs and a robust negotiation pipeline [45] Question: Performance in the utilities market - The utilities segment is expected to continue strong growth, with high single-digit growth reported globally [51] Question: Implications of the data center backlog increase - The nine-year backlog indicates strong future demand, with opportunities for Eaton to enhance its market share through modular solutions [95] Question: Tariff impact on margins - Management is focused on mitigating tariff impacts through cost management, supply chain actions, and pricing strategies [70] Question: Opportunities for data center orders with AI advancements - The transition to higher power density in data centers is expected to increase Eaton's content per megawatt, benefiting the business [116]

Financial Data and Key Metrics Changes - Sales increased by 112% organically, driven by the infrastructure vertical, with new products contributing over two points to sales growth [9] - Adjusted operating income grew by 4% year over year, with a return on sales of 20% [9] - Adjusted EPS increased by 10%, and free cash flow grew by 32% [9][15] Business Line Data and Key Metrics Changes - Systems Protection segment sales increased by 16%, driven by the Track D acquisition, while organic sales were flat [16] - Electrical Connections segment sales rose by 3%, with organic sales up by 4% [18] - Infrastructure sales grew in the mid-teens, with strength in Data Solutions and Power Utilities [10][16] Market Data and Key Metrics Changes - The Americas experienced low single-digit sales decline, while Europe was flat and Asia Pacific grew in the high teens [10][16] - Organic orders were up in the mid-teens, with strong double-digit growth in Data Solutions [11][68] Company Strategy and Development Direction - The company is focused on portfolio transformation, having divested the Thermal Management business and acquired the AVAIL Electrical Products Group [8][28] - The infrastructure vertical is expected to account for over 40% of sales, with Data Solutions and Power Utilities each contributing approximately 20% [29][30] - The company is prioritizing growth through new products, acquisitions, and capacity expansion [11][30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in strong sales growth in the second half of the year, particularly in infrastructure and data solutions [11][24] - The company is taking steps to mitigate tariff impacts through pricing, productivity, and supply chain actions [11][25] - Overall, management is optimistic about the company's positioning in the electrification, sustainability, and digitalization trends [35] Other Important Information - The company ended the quarter with over $1.3 billion in cash and repaid $390 million of term loans [21] - A quarterly dividend increase of 5% was announced, with significant capital returned to shareholders through share repurchases [23] Q&A Session Summary Question: Comments on the data solutions business and order pace - Management noted strong double-digit growth in data solutions, with a growing backlog providing visibility into the second half [41][42] Question: Contribution and synergies from recent acquisitions - Management confirmed that the AVAIL acquisition will contribute a nickel to EPS and highlighted potential cost synergies from both AVAIL and Track D [52][46] Question: Organic sales outlook and confidence in second half acceleration - Management indicated strong orders and backlog in data solutions and power utilities, expecting growth to accelerate in the second half [57][58] Question: Impact of tariffs on margins - Management expects first half margins to be impacted by tariffs, with a positive flip in the second half as pricing and productivity measures take effect [61][62] Question: Clarification on tariff impacts and pricing strategies - Management stated that the tariff impact is primarily from steel and aluminum, and they are actively managing pricing through various strategies [92][105] Question: Insights on the power utility segment - Management highlighted that power utilities now represent about 20% of sales, with strong growth expected from recent acquisitions [95][96]

nVent Electric (NVT) Q1 2025 Earnings Call May 02, 2025 09:00 AM ET Company Participants Tony Riter - VP-IRBeth Wozniak - Chair & CEOSara Zawoyski - President - Systems ProtectionGary Corona - EVP & CFODeane Dray - Managing DirectorBrian Drab - Co-Group Head–IndustrialsJoe Ritchie - Managing DirectorJeffrey Sprague - Founder and Managing PartnerNigel Coe - Managing Director Conference Call Participants Julian Mitchell - Equity Research AnalystNicole Deblase - Lead AnalystVlad Bystricky - AnalystScott Graham ...

IES HOLDINGS, INC. (NASDAQ: IESC) | Second Quarter Fiscal 2025 Update | MARCH 31, 2025 Disclosures Forward-Looking Statements Certain statements in this release may be deemed "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, all of which are based upon various estimates and assumptions that the Company believes to be reasonable as of the date hereof. In some cases, you can identify forward-looking statements b ...

Core Insights - IES Holdings, Inc. reported an 18% increase in revenue and a 19% increase in operating income for the second quarter of fiscal 2025 compared to the same quarter in fiscal 2024, driven by strong demand in its Communications, Infrastructure Solutions, and Commercial & Industrial segments, particularly in the data center market [3][5][7]. Financial Performance - Revenue for the second quarter of fiscal 2025 was $834 million, up from $706 million in the same quarter of fiscal 2024 [5]. - Operating income increased to $92.7 million for the second quarter of fiscal 2025, compared to $77.7 million for the same quarter of fiscal 2024 [5]. - Net income attributable to IES was $70.7 million for the second quarter of fiscal 2025, a 34% increase from $52.9 million in the same quarter of fiscal 2024 [5]. - Diluted earnings per share attributable to common stockholders rose to $3.50 for the second quarter of fiscal 2025, compared to $2.29 for the same quarter of fiscal 2024 [5]. Segment Performance - The Communications segment generated revenue of $273.1 million, a 41% increase from $193.6 million in the second quarter of fiscal 2024, with operating income rising to $39.6 million from $21.9 million [3][7]. - The Residential segment's revenue was $317.9 million, a decrease of 6% from $339.3 million in the same quarter of fiscal 2024, with operating income dropping to $22.7 million from $34.7 million [4][27]. - The Infrastructure Solutions segment reported revenue of $117.6 million, a 55% increase from $75.8 million in the second quarter of fiscal 2024, with operating income increasing to $26.5 million from $16.1 million [7][27]. - The Commercial & Industrial segment's revenue was $125.4 million, a 29% increase from $97.0 million in the same quarter of fiscal 2024, with operating income rising to $15.8 million from $11.7 million [8][27]. Capital Allocation and Investments - The company ended the quarter with $22.4 million in cash and $65.8 million in marketable securities [10]. - Capital expenditures amounted to $30.1 million during the quarter [11]. - IES completed the acquisition of Arrow Engine Company to enhance its Infrastructure Solutions offerings [11]. - The company repurchased 118,314 shares of common stock for $20.4 million, with $173.3 million remaining under its stock repurchase authorization [11]. Future Outlook - The company anticipates continued growth in its multi-family business, expecting increased bid activity to benefit revenues in fiscal 2026 and 2027 [3]. - Despite challenges in the Residential segment due to high mortgage rates and inflation, the company remains optimistic about long-term demand driven by positive demographic trends [3].

Thailand Monthly Economic Thailand Monthly Economic Monitor Monitor 22 April 2025 Thailand's economic activity showed mixed signals in February. Steady consumption and strong exports were offset by a sharp contraction in private investment due to rising uncertainty. Goods exports remained a key driver, bolstered by robust shipments to the US and China, in part due to frontloading amid rising global trade uncertainties. However, mounting risks from global trade uncertainty are a concern. The tourism recovery ...

(Dollar amounts are in thousands, in Canadian currency unless otherwise specified) GUELPH, Ontario, May 01, 2025 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the first quarter 2025. HIGHLIGHTS Sales of $201 million in the quarter, a 5.6% increase versus Quarter 1, 2024.Adjusted EBITDA of $30,916 in the quarter, or 15.4% of sales. Gross margin was ...

THORNTON, Colo., May 01, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will attend Bernstein’s Annual Strategic Decisions investor conference. MYR Group’s Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will meet with institutional investors during Bernstein’s 4 ...

First Quarter 2025 Earnings Call Certain terms used in this presentation or in our earnings press release, including "Net debt", "Free Cash Flow", "Organic net sales", "Organic net sales growth", "Restructuring-related costs", "Adjusted EBITDA", and certain "adjusted" measures, are defined under the section entitled "Non-GAAP Definitions." See Appendix, our press releases and SEC filings for more information. 2 Key Messages May 1, 2025 Forward Looking Statements and Non-GAAP Measures Forward Looking Stateme ...

MYR Group (MYRG) Q1 2025 Earnings Call May 01, 2025 10:00 AM ET Company Participants Jennifer Harper - VP - IR & TreasurerRichard Swartz - President, CEO & DirectorKelly Huntington - SVP & CFOBrian Stern - Senior VP & COO of Transmission & DistributionDon Egan - Senior VP & COO of Commercial and IndustrialAtidrip Modak - Vice President - Energy Services & E&PsJonathan Braatz - PartnerJustin Hauke - Vice President and Senior Research AssociateBrian Brophy - Associate Vice President Conference Call Participan ...