Strong Revenue Growth Across All Segments
Consolidated net sales increased by more than 14% year-over-year, with organic growth of more than 13%. All three business groups, Packaging, Aerospace, and Norris Cylinder, experienced year-over-year sales growth.
Aerospace Segment Performance
Record sales quarter for Aerospace with approximately $100 million in revenue, a growth rate of over 32%, and operating profit margin expansion of 650 basis points.
Improved Operating Margin and Earnings
Consolidated operating profit increased by more than 50% compared to Q2 2024, with a 300 basis point improvement in operating margin. Adjusted earnings per share increased by 42% year-over-year.
Sound Financial Position
Net debt declined with a decrease in net leverage to 2.4x. Free cash flow improved to $16.9 million for the quarter.