Financial Performance - Q1 2025 sales reached $330 million, a ~5% increase compared to $314 million in Q1 2024[6, 16] - Adjusted EPS for Q1 2025 was $0.54, aligning with expectations[6, 17] - Core growth declined by 4.1% in Q1 2025, impacted by U S Currency equipment upgrades[16] - Crane Payment Innovations (CPI) sales decreased by 2.9% to $203 million in Q1 2025[18] - Security and Authentication Technologies (SAT) sales increased by 21.8% to $127 million in Q1 2025[20] Strategic Initiatives - The company completed the acquisition of De La Rue Authentication Solutions, expecting ~$80 million to ~$90 million in sales from May to December 2025[7, 8] - OpSec and De La Rue are combining to form "Crane Authentication"[7] - The company is reaffirming full-year Adjusted EPS guidance of $4 00 to $4 30[6, 29] Financial Outlook - The company updated its sales growth guidance for Crane NXT to +6% to +8%, with SAT segment sales growth expected to be +19% to +21%[28] - CPI segment sales growth is now projected at -2% to 0%[28] - The company anticipates a ~$25 million unmitigated impact from tariffs, but expects to fully mitigate this through pricing and productivity measures[25, 26]
Crane NXT(CXT) - 2025 Q1 - Earnings Call Presentation