Record Adjusted EBITDA Margin
Achieved a record first quarter adjusted EBITDA margin of 19.8%, with 100 basis points of margin expansion on slightly positive organic growth.
Successful Acquisition of Bavaria
Completed the acquisition of Bavaria, enhancing the proprietary consumables portfolio and positioning ESAB to gain share in faster-growing end segments.
Strong Performance in EMEA and APAC
Total sales rose by 200 basis points in EMEA and APAC regions with adjusted EBITDA margins of 20%. Volume increased by 400 basis points.
Gas Control Business Growth
Gas control business grew from 10% to 18% of total revenue, with a target of reaching 25% by 2028. This segment is highly profitable with gross margins in the mid-40s.
Positive Outlook in Europe and India
Optimism in European and Indian markets due to stimulus and investment plans, especially in Germany, which signal significant upside potential.