Strong Financial Performance
Adjusted EPS was $1.64, driven by a 5.6% core sales growth. Full year adjusted EPS guidance was raised to $5.75 to $5.95, reflecting a 20% growth at the midpoint compared to 2024.
Aerospace & Electronics Growth
Sales increased by 13%, with a record backlog of over $1 billion, up 27% year-over-year. Strong performance in both OEM and aftermarket segments.
Process Flow Technologies Resilience
Despite a challenging environment, sales increased by 3%, with strength in segments such as wastewater, pharmaceuticals, and cryogenics.
Pending Acquisition of PSI
Acquisition remains on track to close by year-end, with integration planning already underway. Expected to be accretive to financial profile.
Robust M&A Pipeline
Active M&A efforts with a range of $100 million to $500 million deals in the pipeline, supported by a strong balance sheet.