Organic Growth and Sales Increase
Sales rose 8% to $687 million, with organic sales increasing 2% year-over-year. This reflects solid improvement in the Americas and continued strength in EMEA and APAC.
EWM Acquisition
Closed the acquisition of EWM earlier than anticipated, contributing approximately 2 points of growth and roughly $1 million in adjusted EBITDA. The acquisition brings high-level talent, unmatched technology, and highly accretive gross margins.
Adjusted EBITDA Growth
Adjusted EBITDA increased 7% to $133 million, reflecting strong execution on margin, tariff impacts in the Americas, and continued investment in sales and AI initiatives.
Free Cash Flow Conversion
Free cash flow conversion exceeded 100% this quarter, driven by strong team performance. Credit facilities were expanded early in Q4, increasing financial flexibility.
Raised Full Year Guidance
Full year guidance for total sales is $2.71 billion to $2.73 billion, with adjusted EBITDA of $535 million to $540 million, including contributions from EWM.