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Hubbell(HUBB) - 2025 Q3 - Earnings Call Presentation

Q3 2025 Financial Performance - Net sales increased by 4% from $1442.6 million in Q3 2024 to $1502.4 million in Q3 2025[55] - Organic net sales grew by 3%[14] - Adjusted operating profit increased by 4% from $343.7 million in Q3 2024 to $358.4 million in Q3 2025[55] - Adjusted diluted EPS increased by 12% from $4.61 in Q3 2024 to $5.17 in Q3 2025[14] - Free cash flow increased by 34% from $188.8 million in Q3 2024 to $253.8 million in Q3 2025[14, 61] Segment Performance - Hubbell Utility Solutions (HUS) net sales increased by 1% from $933.1 million in Q3 2024 to $943.8 million in Q3 2025[17, 55] - HUS Grid Infrastructure sales increased by 8% organically to $715 million[19] - HUS Grid Automation sales decreased by 18% organically to $229 million[19] - Hubbell Electrical Solutions (HES) net sales increased by 10% from $509.5 million in Q3 2024 to $558.6 million in Q3 2025[23, 55] - HES organic net sales grew by 8%[23] - HES adjusted operating profit increased by 17% from $99 million in Q3 2024 to $116.1 million in Q3 2025[23, 55] Outlook and Acquisition - The company raised its 2025 adjusted diluted EPS outlook to $18.10-$18.30[28] - The company anticipates 4Q organic growth of 8-10%[31] - The acquisition of DMC Power is expected to contribute approximately $0.20 to adjusted diluted EPS in 2026[12] - The company anticipates DMC Power sales of approximately $25 million in 4Q 2025[31] - The company anticipates 2026 revenue of DMC Power to be approximately $130 million[12]