EBITDA Margin Expansion
The company achieved a 19.1% EBITDA margin, up 110 basis points year on year, with positive EBITDA growth in all three GBUs.
EPS and Cash Flow Growth
Adjusted earnings per share increased by 12% year on year, and operating cash flow was up 13%, driven by improved profitability.
Strong Performance in EA Segment
The EA segment saw organic revenue growth of 2.2%, driven by automotive and electronics, with EBITDA increasing by 14% and a margin expansion of 190 basis points.
Medical Adhesive Business Growth
The medical adhesive business saw revenues up 60% with EBITDA margins over 40%.