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Franklin Electric Reports Second Quarter 2025 Results
Globenewswire· 2025-07-29 12:00
Core Insights - Franklin Electric Co., Inc. reported strong financial results for the second quarter of 2025, with net sales reaching $587.4 million, an increase of 8% compared to $543.3 million in the same quarter of 2024 [2][10] - The company achieved an operating income of $88.1 million, reflecting an 11% increase from $79.1 million year-over-year, with an operating margin of 15.0% [10][3] - Earnings per share (EPS) for the second quarter was $1.31, up from $1.26 in the prior year [2][10] Financial Performance - Net sales increased across all segments: Water Systems by 8% to $340.8 million, Energy Systems by 6% to $77.5 million, and Distribution by 5% to $200.0 million [5][6][7] - Water Systems operating income was $61.8 million, slightly down from $62.3 million in Q2 2024, while Distribution segment operating income rose to $16.1 million from $9.8 million [5][6] - Energy Systems operating income increased to $29.1 million from $26.0 million year-over-year [7] Cash Flow and Guidance - Net cash flows from operating activities for the first half of 2025 were $32.0 million, compared to $35.0 million in the same period of 2024 [8] - The company maintains its full-year 2025 sales guidance in the range of $2.09 billion to $2.15 billion and EPS guidance of $3.95 to $4.25 [9] Market Position and Outlook - The company expressed confidence in sustained performance for the remainder of 2025, supported by a healthy backlog and positive order trends [4] - Franklin Electric's operational discipline and strong channel positioning are expected to enable quick adaptation to changing market dynamics [4]
Franklin Electric Schedules Its Second Quarter 2025 Earnings Release and Conference Call
Globenewswire· 2025-07-15 12:00
Company Overview - Franklin Electric Co., Inc. is a global leader in the production and marketing of systems and components for the movement of water and energy, serving various sectors including residential, commercial, agricultural, industrial, municipal, and fueling applications [4] Upcoming Earnings Release - The company will release its second quarter 2025 earnings on July 29, 2025, at 8:00 am ET, followed by a conference call at 9:00 am ET to review earnings and business developments [1] - The earnings call will be available via a live webcast, accessible in listen-only mode [1] Participation in Conference Call - Interested participants can register for the question-and-answer portion of the call through a provided link, receiving dial-in information and a PIN for access [2] - It is recommended to join the call 10 minutes prior to the event start [2] Replay Availability - A replay of the conference call will be available from July 29, 2025, through August 5, 2025, at 9:00 am ET [3] Recognition and Awards - Franklin Electric has been recognized in several lists, including Newsweek's America's Most Responsible Companies 2024, Most Trustworthy Companies for 2024, Greenest Companies 2025, Best Places to Work in Indiana 2024, and USA Today's America's Climate Leaders 2024 [4]
Franklin Electric Schedules Its First Quarter 2025 Earnings Release and Conference Call
Newsfilter· 2025-04-15 12:00
Group 1 - Franklin Electric Co., Inc. will release its first quarter 2025 earnings on April 29, 2025, at 8:00 am ET, followed by a conference call at 9:00 am ET [1] - The earnings call will be accessible via a live webcast, available in a listen-only mode [1] - A replay of the conference call will be available from April 29, 2025, through May 6, 2025 [3] Group 2 - Franklin Electric is recognized as a global leader in the production and marketing of systems and components for the movement of water and energy [4] - The company serves various sectors including residential, commercial, agricultural, industrial, municipal, and fueling applications [4] - Franklin Electric has been named in Newsweek's lists of America's Most Responsible Companies and Most Trustworthy Companies for 2024, as well as America's Climate Leaders 2024 by USA Today [4]