Commitment to Growth and Innovation
The company continues to focus on accelerating organic growth through targeted investments, prioritizing innovation, and launching new products like the MSUITE software for construction technology.
DEWALT Brand Performance
DEWALT continues to show consistent growth across all product lines and regions, driven by resilient professional demand and strategic investments in marketing and innovation.
Supply Chain Transformation
The company is in the final stages of a multiyear supply chain transformation, which is expected to yield $2 billion in cost savings, with $1.8 billion already achieved.
Aerospace Business Growth
The aerospace segment experienced over 20% organic growth, reaching a $400 million annualized revenue run rate.
Strong Cash Flow and Financial Management
Despite the challenging environment, the company generated $135 million in free cash flow in Q2 and maintains a strong focus on deleveraging and maintaining a resilient balance sheet.