Financial Performance Highlights - Net sales reached $564.6 million, a $74 million or 15% increase compared to Q2 2024[7, 11] - Organic growth contributed $42 million, representing a 9% increase[7] - Operating income increased by $16.6 million, or 20%, reaching $97.7 million[7, 11] - Adjusted EBITDA rose to $118.2 million, a $20.5 million or 21% increase[7] - Adjusted EBITDA margin improved to 20.9% compared to 19.9% in the previous year[7] - Adjusted EPS increased by $0.22, or 23%, reaching $1.17[7] Segment Performance - Environmental Solutions Group (ESG) orders increased by 11% to $441.1 million, with net sales up 18% to $480.5 million[9] - ESG operating income increased by 26% to $91.9 million, with an adjusted EBITDA margin of 23.1%[9] - Safety and Security Group (SSG) orders increased by 28% to $98.6 million, with net sales up 3% to $84.1 million[9] - SSG operating income increased by 17% to $21.5 million, with an adjusted EBITDA margin of 26.9%[9] Orders and Backlog - Orders totaled $540 million, a $67 million or 14% increase[7, 19] - Backlog reached $1.08 billion, a $4 million increase[7] Financial Outlook - The company raised its full-year net sales outlook to a new range of $2.07 billion to $2.13 billion, representing a year-over-year growth of 11% - 14%[28, 29] - The company raised its full-year adjusted EPS outlook to a new range of $3.92 to $4.10, representing ~20% year-over-year growth at the midpoint[28, 31]
Federal Signal (FSS) - 2025 Q2 - Earnings Call Presentation