Crane NXT(CXT) - 2025 Q3 - Earnings Call Presentation

Financial Performance - Sales grew by approximately 10% in Q3 2025, reaching $445 million, driven by acquisitions and strong performance in International Currency[6, 14] - Adjusted EPS for Q3 2025 was $1.28, aligning with expectations[6, 15] - Adjusted Segment Operating Profit Margin increased by approximately 50 bps year-over-year, reflecting higher volume and improved mix[15] - The company is updating its full-year Adjusted EPS guidance to a range of $4.00 to $4.10[6, 24] - Free Cash Flow conversion was approximately 115% in Q3 2025, with an expected range of approximately 90%-110% for the full year[6, 15] Business Segment Highlights - Security and Authentication Technologies (SAT) sales increased by 28.1% in Q3 2025, reaching $229 million, with core sales growth of approximately 9%[18, 19] - Crane Payment Innovations (CPI) sales decreased by 3.8% in Q3 2025, amounting to $216 million, but maintained a strong margin of approximately 31%[16, 17] Strategic Initiatives - The company signed an agreement to acquire Antares Vision, a global leader with approximately €200 million in 2024 revenue and approximately 15% Adjusted EBITDA Margin, expanding its technology solutions to life sciences and food & beverage markets[6, 8] - US Currency business is expected to grow at approximately HSD in 2026, with new $10 bill production expected to start in mid-2026[6, 28]