ESCO Technologies(US:ESE)2025-05-07 20:32Financial Performance - Q2 FY25 - Sales increased by 6.6% to $265.5 million, all organic[9, 12] - Entered orders increased by 21.6% to $290.8 million[9, 14] - Adjusted EPS increased by 24% to $1.35[11, 13] - Adjusted EBIT increased by 23.7% to $47.9 million with an adjusted EBIT margin of 18.0%[10, 14] - Record ending backlog of $932 million, a 6% increase from September 30, 2024[15] Financial Performance - YTD Q2 FY25 - Sales increased by 9.6% to $512.5 million[32, 36] - Entered orders increased by 6.2% to $565.8 million[32, 36] - Adjusted EPS increased by 30.8% to $2.42[34, 36] - Adjusted EBIT increased by 28.6% to $85.6 million with an adjusted EBIT margin of 16.7%[33, 36] - YTD Book-to-Bill of 1.1, with ending backlog up $53 million YTD, a 6% increase[37] - Operating cash flow increased significantly to $58.3 million compared to $19.2 million in the same period last year[39, 46] Segment Performance - Q2 FY25 - A&D sales increased by 7.6% to $123.4 million with adjusted EBIT increasing by 28.2% to $30.3 million[17, 19] - USG sales increased by 4.0% to $90.8 million with adjusted EBIT increasing by 18.7% to $20.9 million[22, 24] - Test sales increased by 9.0% to $51.4 million with adjusted EBIT increasing by 10.9% to $6.4 million[27, 29] FY25 Guidance - Full year revenue (excluding Maritime) is expected to increase by 6% - 8%, reaching $1.09 billion - $1.11 billion[49] - Adjusted EPS (excluding Maritime) is expected to increase by $0.10 to $5.65 - $5.85, representing an 18% - 23% growth over FY24[49] - Including Maritime, FY25 Adjusted EPS is expected to be in the range of $5.85 - $6.15, a 23% - 29% growth over FY24[49]