Record Adjusted Diluted EPS and Revenue Growth
EnerSys delivered record adjusted diluted EPS of $1.86, excluding 45x benefits, and grew revenue by 7%, marking the second highest revenue quarter ever.
Motive Power Margins and Maintenance-Free Products
Record motive power margins were achieved with maintenance-free products reaching a record 29% of segment sales, contributing to a 15% earnings growth on similar volumes compared to the prior year.
Specialty Segment Growth
The Specialty segment benefited from sustained strengths in Aerospace and Defense markets and outperformance from the Brentronics acquisition, with Brentronics contributing a 22% positive impact.
Energy Systems Segment Performance
Energy Systems nearly doubled adjusted operating earnings with a 22% year-over-year increase in quarterly data center revenue and signs of recovery in U.S. communications spending.
Strong Cash Flow and Balance Sheet
EnerSys generated positive operating cash flow of $135 million, resulting in free cash flow of $105 million. The company ended the year with $343 million of cash and cash equivalents.