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ESAB (ESAB) - 2025 Q2 - Earnings Call Presentation
2025-08-06 12:00
Financial Performance - Total sales reached $679 million, a 2% increase year-over-year[10] - Core adjusted EBITDA was $138 million, up 3% year-over-year, with a margin of 204%, a 30 bps increase[10] - The company is raising the full year 2025 sales guidance to $263-$268 billion[11, 56] - Adjusted free cash flow was $464 million for the quarter[76] Regional Performance - Americas total sales decreased by 9% year-over-year to $283 million, with an adjusted EBITDA of $57 million and a margin of 201%[43] - EMEA and APAC total sales increased by 11% year-over-year to $396 million, with an adjusted EBITDA of $82 million and a margin of 206%, a 110 bps increase[47] Strategic Initiatives - The company is delivering $30 million of savings through EBX initiatives[22] - The company completed two Gas Control acquisitions (DeltaP & Aktiv) and signed one Fabtech acquisition (EWM)[11] - The company expects full year cash conversion to be approximately 100%[52]