Strong Financial Performance
Adjusted diluted earnings per share rose to $0.95, marking a 42% increase from the second quarter of 2024. Organic sales grew by 34% year-on-year, driven by significant performance in the Americas and APAC regions.
Robust Order Growth
For the first time, orders surpassed $3 billion this quarter, up approximately 15% from Q2 '24, and 11% sequentially from Q1 '25. The book-to-bill ratio stood at 1.2x, indicating strong business momentum.
Increased Revenue Guidance
The full-year 2025 net sales guidance was raised by $550 million to $10 billion, with expected organic growth of approximately 24% for the full year.
Strategic Acquisition
The acquisition of Great Lakes is expected to enhance Vertiv’s portfolio with high-end rack solutions, manufacturing, and assembly facilities in the U.S. and Europe.
Rising Free Cash Flow
Full-year adjusted free cash flow guidance was increased to $1.4 billion, with a year-over-year growth of 24% in the first half, reflecting strong cash generation.