Sales and Earnings Exceed Guidance
Third quarter sales were at the high end of the guidance range, and earnings exceeded the guidance range, demonstrating strong execution across business segments.
Robust Free Cash Flow
Generated strong free cash flow of $65 million in Q3, with a year-to-date free cash flow of $157 million, achieving a 103% conversion rate.
Industrial Products Segment Growth
Industrial Products segment sales increased 7% both reported and organically, benefiting from strong industrial safety demand and data center momentum.
Resilient Margin Progress
Adjusted operating margins improved to 15.9%, with adjusted EBITDA margins at 21.7%, up 320 basis points sequentially.