EnPro Industries(NPO) - 2022 Q1 - Earnings Call Presentation

Financial Performance - Enpro's Q1 2022 sales increased by 177% year-over-year[14] - Organic sales increased by 135%[14] - Adjusted EBITDA increased by 306% year-over-year to $679 million[9, 14] - Adjusted EBITDA margin increased by 210 bps to 207%[9, 14] - Adjusted diluted EPS increased by 336%[14] Segment Performance - Sealing Technologies' organic sales increased by 141%[17] - Advanced Surface Technologies' sales increased by 1133%, driven by the NxEdge acquisition and strong semiconductor demand[21, 22] Organic sales increased by 196%[22] - Engineered Materials' organic sales increased by 65%[25] Balance Sheet and Cash Flow - Enpro has a strong balance sheet with $2934 million in cash and $2586 million available under the revolver[31] - Free cash flow for Q1 2022 was $269 million, up from $141 million in the prior year[33] 2022 Guidance - Enpro maintains its low double-digit revenue growth guidance for 2022[40] - Adjusted EBITDA guidance remains at $263 million - $275 million[40] - Adjusted diluted EPS guidance is revised to $660 - $715[40]