Record Backlog and Sales Growth
Net sales increased 8% year-over-year to $261 million, driven by growth across all product platforms and accelerated deliveries. The backlog is a healthy $352 million, up $34 million or 11% from the prior year.
Improved Adjusted EPS
Adjusted EPS improved $0.12 sequentially to $0.62 in the second quarter due to higher sales, margin expansion, and effective cost management.
Operational Improvement and Tariff Mitigation
Meaningful progress on operational improvement, tariff mitigation, and integration preparedness initiatives, with some tariff impacts beginning to moderate.
Strong U.S. Order Growth
Order growth in the U.S. was 11%, with strong performance in both project-related and short-cycle categories.
Pending Kito Crosby Acquisition
Progress made towards integrating Kito Crosby, with the expectation of closing by the end of the fiscal year. This is expected to scale the business and achieve strategic synergy objectives.