Acquisition And Strategic ExpansionThe acquisition of Nabtesco's Hydraulic Equipment Business expands Comer Industries' presence in the APAC region and enhances its industrial revenues to 59% of the total, reducing reliance on the more volatile agricultural cycle.
Agriculture SalesAgriculture sales are back to growth, driven by stronger demand in Europe, which more than offset softer Industrial volumes and ongoing weakness in North America.
ProfitabilityProfitability remained solid with EBITDA supported by operating efficiencies and disciplined cost management.