Record EBITDA Margins in Electronic Materials
Achieved all-time high EBITDA margins of 27% in Electronic Materials, reflecting improved cost structure and operational performance amid semiconductor market recovery.
Precision Optics Transformation Ahead of Expectations
The Precision Optics segment returned to double-digit EBITDA margins, with a significant step-up in sales and cost structure improvements.
Strong Incoming Order Rates
Order rates across the company are up more than 10% sequentially, with semiconductor, defense, space, and energy markets up 20% year-to-date.
Growth in Defense and Space Markets
Record defense bookings up 40% and space market sales increased fivefold over the last three years.
New Energy Initiatives
Announced a supply agreement with Commonwealth Fusion Systems to provide beryllium fluoride for breakthrough fusion energy technology.