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Enerpac Tool Group Corp (EPAC) delivers mission-critical hydraulic tools and precision lifting solutions for industrial sectors worldwide. This dedicated news hub provides investors and professionals with timely updates on corporate developments, product innovations, and market positioning.
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Enerpac Tool Group (NYSE: EPAC) reported strong Q2 fiscal 2025 results with net sales of $146 million, showing a 5.1% increase year-over-year and 5.0% organic sales growth. The company achieved an operating profit margin of 21.2% and adjusted operating profit margin of 21.4%.
Key financial highlights include:
- Net earnings of $20.9 million, or $0.38 per diluted share
- Adjusted EBITDA of $33.8 million with 23.2% margin
- Gross profit margin declined 110 basis points to 50.5%
- Industrial Tools & Services segment grew 4.4%
The company maintained its fiscal 2025 guidance, projecting net sales of $610-625 million, organic sales growth of 0-2%, adjusted EBITDA of $150-160 million, and free cash flow of $85-95 million. During Q2, EPAC returned $10 million to shareholders through share repurchases.
Enerpac Tool Group (NYSE: EPAC) has scheduled its second quarter fiscal 2025 earnings release for Monday, March 24, 2025, after market close. The company will host a conference call to discuss the results on Tuesday, March 25, 2024, at 8:30 a.m. ET / 7:30 a.m. CT.
A live webcast will be available through the Investors section of the company's website, with a replay accessible for 90 days following the call. Enerpac Tool Group is a global provider of industrial tools, services, technology, and solutions, serving customers across 100+ countries. The company specializes in high pressure hydraulic tools, controlled force products, and precise positioning solutions for heavy loads.
Enerpac Tool Group (EPAC) reported Q1 fiscal 2025 results with net sales of $145.2 million, up 2.3% year-over-year, despite a 0.8% decline in organic sales. The company achieved an operating margin of 21.4% and adjusted operating margin of 21.5%. Net income reached $21.7 million, or $0.40 per diluted share, representing a 21% increase in GAAP EPS year-over-year.
The company completed the acquisition of DTA to strengthen its Heavy Lifting Technology portfolio. Despite a sluggish industrial environment, Enerpac maintained its fiscal 2025 guidance, projecting total revenue of $610-625 million and adjusted EBITDA growth of 5% at the midpoint.
Enerpac Tool Group (NYSE: EPAC) has announced it will release its first quarter fiscal 2025 earnings after market close on Wednesday, December 18, 2024. The company will hold a conference call to discuss the results on Thursday, December 19, 2024, starting at 8:30 a.m. ET / 7:30 a.m. CT.
A live webcast will be available through the Investors section of the company's website, with a replay accessible for 90 days after the call. Enerpac Tool Group is a global provider of industrial tools, services, and solutions, serving customers in over 100 countries. The company specializes in high pressure hydraulic tools and controlled force products for precise positioning of heavy loads.
Argus Research has initiated coverage on Enerpac Tool Group (NYSE: EPAC), highlighting the company's position as a premier industrial tools provider. The company exceeded its ASCEND transformation program targets, achieving over $50-60 million in annual operating profit improvement ahead of schedule. Fiscal 2025 guidance projects net sales of $610-625 million, representing 5% growth at midpoint, with adjusted EBITDA of $150-160 million. The company maintains a strong financial position with $167.1 million in cash and minimal net debt of $27 million.
STRATTEC SECURITY (Nasdaq: STRT) has appointed Matthew Pauli as Senior Vice President and Chief Financial Officer, effective November 13, 2024. Pauli succeeds Dennis Bowe, who will continue in an advisory role during the transition. Pauli brings over 20 years of financial management experience, most recently serving as Executive Advisor and CFO of CentroMotion. The appointment aligns with STRATTEC's ongoing transformation, focusing on operational change, data analytics, and information systems. CEO Jennifer Slater emphasized the need for operational financial proficiency to achieve more predictable financial outcomes and drive cash generation.
Enerpac Tool Group (NYSE: EPAC) reported fiscal 2024 results, highlighting a 1.5% decline in net sales to $590 million, but a 2.2% organic growth. Gross margin expanded by 180 basis points to 51.1%. Operating margin was 20.6% and adjusted operating margin was 23.2%. Net earnings rose by 53% to $82 million, with adjusted net earnings of $95 million, a 14% increase. Diluted EPS was $1.50, and adjusted diluted EPS was $1.72. Adjusted EBITDA grew by 8% to $147 million, with a margin of 25.0%. Cash from operations was $81 million, and free cash flow was $70 million. In Q4, net sales declined by 1.2% to $159 million, with a 0.9% increase in organic sales. Net earnings were $23 million, or $0.43 per diluted share, and adjusted net earnings were $27 million, or $0.50 per diluted share. The company acquired DTA on September 4, 2024. For fiscal 2025, Enerpac forecasts net sales of $610 million to $625 million, adjusted EBITDA of $150 million to $160 million, and free cash flow of $85 million to $95 million.
Enerpac Tool Group Corp. (NYSE: EPAC) has announced the appointment of Darren M. Kozik as Executive Vice President and Chief Financial Officer, effective October 28, 2024. Kozik, who brings 25 years of finance experience, will oversee all aspects of the company's finance and IT functions globally. He joins Enerpac from ManpowerGroup, where he most recently served as SVP, Global Corporate Finance.
Kozik's previous roles include CFO of Mortara Instrument and various positions at General Electric. He holds a BSBA in Economics from Saint Louis University and an MBA from Northwestern University's Kellogg School of Management. Paul Sternlieb, Enerpac's President & CEO, expressed confidence in Kozik's ability to contribute to the company's growth strategy.
Enerpac Tool Group Corp. (NYSE: EPAC) has announced the schedule for its fourth quarter fiscal 2024 earnings release and conference call. The company will release its earnings after market close on Tuesday, October 15, 2024. A conference call to discuss the results will be held on Wednesday, October 16, 2024, at 8:30 a.m. ET / 7:30 a.m. CT. Investors can access a real-time webcast of the call via the company's website. A replay will be available for 90 days after the call.
Enerpac Tool Group is a global provider of industrial tools, services, technology, and solutions, serving customers in over 100 countries. The company specializes in high pressure hydraulic tools, controlled force products, and precise positioning solutions for heavy loads.
Enerpac Tool Group Corp. (NYSE: EPAC) has acquired DTA The Smart Move, S.A., a Madrid-based leader in industrial heavy loads transportation, for €24 million plus a potential three-year earn-out. This acquisition aligns with Enerpac's strategy to expand its Heavy Lifting Technology portfolio by adding automated on-site horizontal movement products. DTA's expertise will enhance Enerpac's offerings in rail, wind, infrastructure, aerospace, and nuclear sectors.
For fiscal 2025, DTA is projected to generate €20 million in revenue with a neutral effect on adjusted EPS, excluding one-time costs and synergies. The acquisition aims to capitalize on the trend towards greater automation in industrial processes and is expected to create value for customers and shareholders.
