Record-Breaking Sales and Backlog
Sales were up 30% and 9% organically, with a record backlog increasing more than fourfold compared to a year ago.
Strong Performance in Data Solutions
Organic orders in the data solutions business accelerated by over 20%, with significant growth related to AI build-out.
Successful Acquisitions
The Trachte and Electrical Products Group acquisitions performed better than expected, contributing 32 points to sales growth in the Systems Protection segment.
Geographic Sales Growth
Sales grew across all key geographic regions: Americas up 9%, Europe up 10%, and Asia Pacific up low single digits.
Increased Guidance for 2025
Full year sales growth guidance raised to 24% to 26%, with adjusted EPS guidance increased to reflect strong performance.