Strong Order Growth
Orders increased by 17.3% year-over-year to $1.32 billion, driven by notable projects like Woodside Louisiana LNG Phase 2.
Organic Sales Growth
Sales grew organically by 6.6% to $1 billion, with three out of four segments showing increased sales.
Gross Margin Consistency
The company achieved a gross margin of 33.9%, marking the fourth consecutive quarter above 33%.
Robust Adjusted EBITDA
Adjusted EBITDA was $231.1 million, representing 23.1% of sales and an increase of 80 basis points from the previous year.
EPS Growth
Adjusted diluted earnings per share increased by 38.8% to $1.86.
Diverse End Market Strength
Strong order activity in space exploration, HLNG vehicle tanks, nuclear, and marine sectors, exceeding full-year 2024 orders in Q1 2025.
Positive Demand Trends
Positive demand outlook across most business sectors, including data centers, AI, and LNG.
Data Center Market Expansion
Data center customer pipeline expanded to over $400 million in opportunities, showing strong growth potential.