Strong Financial Performance in Q3 FY2025
Atkore achieved net sales of $735 million, with 2% organic volume growth. Adjusted EBITDA was $100 million, and adjusted EPS was $1.63, indicating strong financial performance toward the top end of expected ranges.
Increased Midpoint of Full Year EPS Outlook
The company raised the midpoint of its adjusted EPS outlook for the full year to $6.50, reflecting improved visibility and stronger earnings leverage.
Sequential Pricing Improvement in Steel Conduit Products
Atkore reported a second consecutive quarter of sequential pricing improvement in their steel conduit products, suggesting stabilization and potential growth in margins.
Stable Cash Flow and Strong Balance Sheet
Year-to-date, the company generated $192 million in cash flow from operations and maintains a strong balance sheet with a net leverage ratio of approximately 1x.