The company said, “Guidance for the fiscal year ending June 30, 2025 has been updated. Guidance now reflects divestiture activity in the Diversified Industrial Segment, North America Businesses expected to be completed during the second quarter of fiscal 2025. The company now expects: Total sales growth in fiscal 2025 of 0.5% to 3.5%, with organic sales growth of 1.5% to 4.5%; divestitures of (1.5%) and favorable currency of 0.5% Total segment operating margin to increase to approximately 22.6%, or approximately 25.7% on an adjusted basis EPS to increase to $22.78 to $23.48, or $26.35 to $27.05 on an adjusted basis.”
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