Enerpac Tool Group Reports Steady Q1 Fiscal 2025 Results

Enerpac Tool Group Corp. ( (EPAC) ) has released its Q1 earnings. Here is a breakdown of the information Enerpac Tool Group Corp. presented to its investors.

Enerpac Tool Group Corp. is a leading provider of high-pressure hydraulic tools, controlled force products, and solutions for precise positioning of heavy loads, catering to a wide range of industrial applications across over 100 countries.

In its first quarter of fiscal 2025, Enerpac Tool Group reported net sales of $145 million, marking a 2.3% increase from the previous year. Despite a decline in organic sales, the company maintained strong profitability metrics, including an operating margin of 21.4%.

Key highlights from the report include a net income of $21.7 million, translating to $0.40 per diluted share, and an adjusted EBITDA of $34.3 million with a margin of 23.6%. The acquisition of DTA is progressing well, enhancing Enerpac’s Heavy Lifting Technology portfolio. The company also saw an increase in service revenue by 5.6%, though product sales declined by 2.7%.

Enerpac Tool Group remains committed to its growth strategy and operational efficiency amidst a sluggish industrial macro environment. The management is optimistic about achieving its full-year fiscal 2025 targets, forecasting revenue growth and adjusted EBITDA increases, while leveraging its global sales network.

Looking ahead, Enerpac plans to sustain its market leadership and drive innovation, with a projected net sales range of $610 million to $625 million for fiscal 2025. The company anticipates organic sales growth and aims to maintain a strong financial position, barring any significant global economic downturns.