Atmus Filtration Posts Record Q2 Sales, Raises Full-Year Guidance

Earnings
โดย Insider Monkey·US·Read original
Summary · why it matters

Atmus Filtration Technologies reported record second-quarter sales of $528 million, up 16.4% from $454 million a year earlier, and lifted its full-year top-line guidance. Adjusted EPS climbed to $0.82 from $0.75, while adjusted free cash flow nearly doubled to $67 million from $36 million. The company narrowed its full-year adjusted EBITDA guidance to a range of 19.75% to 20.25%, with adjusted EPS guided to $2.85 to $3.00. Power Solutions, the core diesel filtration business, grew sales 7% to $486 million, and the newly acquired Koch Filter contributed $42 million in sales at an 18.9% adjusted EBITDA margin. Management cited regulatory clarity from the EPA and an improving freight market, though it stopped short of calling the aftermarket demand a real inflection.

Impact on stocks 1

Industrials · 1 stocks

Off-coverage companies 1

Koch FilterPrivate▲ Positive
Demandrelevance

Koch Filter contributed $42 million in sales, showing successful integration and demand.