Record First Quarter Earnings
Donaldson reported record first quarter earnings with sales of $900 million, up 6% year-over-year, and adjusted EPS of $0.83, up 11% from the prior year.
Strong Performance in Mobile Solutions
Mobile Solutions segment sales were $572 million, a 6% increase versus 2024, driven by aftermarket sales growth of 11% year-over-year.
Industrial Solutions Growth
Industrial Solutions sales increased by 5% to $258 million, with Aerospace and Defense sales growing 27%.
Life Sciences Segment Expansion
Life Sciences sales increased by 17% year-over-year, driven by Disk Drive and food and beverage sectors. Notable expansions included new market entries in Europe.
Positive Financial Outlook
Donaldson reaffirmed its guidance for fiscal 2025, projecting total sales to increase between 2% and 6%, with operating margin expectations between 15.3% and 15.9%.