Financial Performance - Second Quarter Fiscal Year 2025 net sales increased by 6% year-over-year, reaching $884 million compared to $835 million in Q2 FY24[15] - Adjusted net earnings increased by 3% year-over-year, from $101 million in Q2 FY24 to $103 million in Q2 FY25[15] - Free cash flow decreased by 28% to $59 million in Q2 FY25, compared to $83 million in Q2 FY24[15] - Adjusted Earnings Per Share (EPS) increased by 4% to $1.69 in Q2 FY25, compared to $1.62 in Q2 FY24[15] - Year-to-date free cash flow decreased by 31% to $60 million, compared to $88 million in the same period last year[17] Segment Performance - Aerospace segment sales increased by 13% in Q2 FY25, reaching $562 million compared to $498 million in Q2 FY24[28] - Aerospace segment earnings increased by 27% with a margin increase of 240 bps, reaching 22.2%[28] - Industrial segment sales decreased by 5% in Q2 FY25, totaling $322 million compared to $338 million in Q2 FY24[41] - Core Industrial sales increased by 11% in Q2 FY25, reaching $301 million compared to $272 million in Q2 FY24[43] - China on-highway natural gas truck sales decreased from $65.967 million to $20.916 million for the three months ended March 31, 2024 and 2025 respectively[75] Fiscal Year 2025 Guidance - The company revised its full-year sales guidance to $3.375 billion - $3.5 billion, from the previous $3.3 billion - $3.5 billion[56] - The company maintains its adjusted EPS guidance to $5.95-$6.25[56]
Woodward(WWD) - 2025 Q2 - Earnings Call Presentation