Record Sales Achievement
Total sales grew 3.4% year-over-year to just under $5.2 billion, marking an all-time high for the company.
Strong Financial Performance
Exceeded initial guidance on core sales growth, operating profit margin expansion, and adjusted earnings per share growth, with a full-year EPS growth of 11% to $3.54 per share.
Water Quality Segment Success
Water Quality segment achieved 3.9% core sales growth and 50 basis points of adjusted operating profit margin expansion, with annual sales over $3 billion.
PQI Segment Milestone
PQI delivered 3.3% core sales growth with 160 basis points of adjusted operating profit margin expansion, reaching over $2 billion in sales.
Innovative Product Launches
Videojet launched the 7920 UV Laser Marking System with strong customer demand and enthusiasm, optimizing coding for fast-growing packaging substrates.
Strategic Acquisitions and Investments
Acquired TraceGains and invested in Axine Water Technologies, enhancing portfolio with innovative solutions and expanding digital offerings.