Sequential Increase in Consolidated Sales and EBITDA
Consolidated first quarter sales were $159.3 million, up 5% sequentially, while adjusted EBITDA attributable to DMC was $14.4 million, 39% higher than the fourth quarter.
Arcadia's Sales and EBITDA Growth
Arcadia's sales were $65.6 million, a 9% sequential increase and a 6% year-over-year improvement. Adjusted EBITDA attributable to DMC was $5.6 million, with a margin of 14.2%, up from 6.2% in the fourth quarter.
Operational Improvements at DynaEnergetics
DynaEnergetics reported first quarter sales of $65.6 million, up 3% sequentially. Adjusted EBITDA was $7.4 million, reflecting an improvement of 325 basis points due to automation and product reengineering.
NobelClad Year-over-Year Sales Increase
NobelClad's first quarter sales were flat sequentially but up 5% year-over-year, indicating resilience despite external challenges.