Solid Overall Sales Performance
Sales in the quarter were $1.03 billion, representing a local currency increase of 6% and 5% excluding acquisitions. On a U.S. dollar reported basis, sales increased 8%.
Strong Industrial Growth
Industrial sales increased 9%, with core Industrial growing 10% and Product Inspection growing 7%. This segment showed strong performance, particularly in the Americas.
Adjusted EPS Growth
Adjusted EPS for the quarter was $11.15, a 9% increase over the prior year, despite facing gross headwinds from tariffs.
Successful Acquisitions
Several smaller acquisitions were completed, adding to North American distribution and life science equipment offerings, with the acquisitions expected to contribute approximately 1% to sales.
Positive Outlook for 2026
Initial guidance for 2026 projects local currency sales to increase approximately 4% and adjusted EPS to grow 8% to 9%, with foreign exchange estimated to be a slight headwind.