Kadant(US:KAI)2025-04-30 13:24Q1 2025 Performance - Bookings increased by 3.1% to $256.2 million compared to $248.4 million in Q1 2024 [11] - Revenue decreased by 3.9% to $239.2 million compared to $249.0 million in Q1 2024 [11] - Net income decreased by 2.5% to $24.1 million compared to $24.7 million in Q1 2024 [11] - Adjusted EBITDA decreased by 8.2% to $47.9 million compared to $52.2 million in Q1 2024, with adjusted EBITDA margin decreasing by 100 bps to 20.0% [11] - Free cash flow increased by 14.7% to $19.0 million compared to $16.6 million in Q1 2024 [11] Segment Performance - Flow Control revenue increased by 6.6% to $92.4 million, with bookings up 5.6% to $100.0 million and adjusted EBITDA up 8.4% to $26.2 million [15] - Industrial Processing revenue decreased by 15.4% to $89.5 million, but bookings increased by 2.8% to $92.4 million [20] - Material Handling revenue increased by 1.4% to $57.2 million, with bookings remaining flat at $63.9 million [25] Financial Outlook - The company revised its FY 2025 revenue guidance to $1.020 to $1.040 billion from $1.040 to $1.065 billion [45] - The company revised its FY 2025 adjusted EPS guidance to $9.05 to $9.25 from $9.70 to $10.05 [45]