Barnes (US:B)2021-07-30 17:29Q2 2021 Performance Highlights - Orders increased by over 400% year-over-year[5] - Organic sales increased by 31% year-over-year[5] - Adjusted operating margins increased by 40 basis points year-over-year[5] - Adjusted EPS increased by 67% year-over-year[5] - The book-to-bill ratio was 1.3x[5] - Total backlog reached $984 million, the highest level since Q4 2019, up 12% from Q1 2021[5] Segment Performance - Industrial: Organic orders increased by 37%, organic sales increased by 35%, and adjusted operating margin was 11.7%, up 230 basis points[5] - Aerospace: Organic orders increased by over 300%, organic sales increased by 23%, and adjusted operating margin was 13.5%, down 400 basis points[6] 2021 Outlook - The company anticipates low single-digit growth for the Aerospace segment[9] - The company anticipates low-teens growth for Barnes Group Total, with a foreign exchange impact of approximately +2% and an M&A impact of approximately -1%[9] - The company anticipates high-teens growth for Molding Solutions, driven by the medical market and recovery in auto, packaging, and personal care[10]