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Adjusted EBITDA was USD 123.4 million, essentially flat at a 0.1% decline, for aMarginof 10.8%. GAAP operating profit was USD 71.2 million versus USD 52.8 million, while non-GAAP operating profit was USD 103.7 million versus USD 106.1 million.
Net earnings attributable to the company were USD 362.3 million, down 3% from USD 374.9 million. Operating earnings eased to USD 524.6 million from USD 543.2 million, whileGross Profit Marginedged up to 30.5% from 30.4%.
Communications and Security Solutions sales grew 22% to USD 2.93 billion, with an adjusted EBITDA margin of 10.7%. Electrical and Electronic Solutions rose 18% to USD 2.77 billion at a 9.3% margin, andUtilityand Broadband Solutions rose 6% to USD 1.52 billion at 10.4%. Total …
Chairman, President and Chief Executive Officer Scott Lauber attributed the result to warmer than normal weather, execution of theCapitalplan and operating efficiency. For the nine months, net income was USD 1.49 billion, or USD 4.54 per share, compared with USD 1.24 billion, or USD …
Gross profit was USD 14.9 million, or 3.1% of sales, versus USD 15.7 million a year earlier. GAAP operating loss was USD 20.0 million, and adjusted operating loss was USD 27.0 million after removing a USD 7.5 million gain on the sale of aManufacturingFacilityand …
Proprietary Products net sales rose 12.6% to USD 728.8 million, or 16.6% organically. High-Value Product Components grew 20.3% organically, with the chief financial officer citing biologics, GLP-1Demandand a favorable mix shift. GLP-1 related components represented just under 12% of total revenue. High-Value Product Delivery …
Net interest income increased to USD 26.4 million from USD 22.5 million as interest expense fell to USD 22.8 million from USD 26.4 million, with deposit interest costs down to USD 19.4 million from USD 22.5 million. The tax equivalent net interestMarginwidened to 2.77% …
Chief Executive Officer Carl Hess pointed to 4% organic growth and 150 basis points of adjusted operating margin expansion. Health,Wealthand Career grew 4% organically, with Health up 6%, Wealth up 2% and Career up 9%, while Benefits Delivery and Outsourcing slipped 2% as several …
Operating income climbed to USD 1.19 billion from USD 749 million, and the prior year quarter carried USD 287 million of Marshall Wildfire litigation expense compared with USD 1 million this time.
Operating income climbed 76% to USD 288 million andNet Incomewas USD 181 million. Adjusted EBITDA grew 27% to USD 433 million, with the LTL segment contributing USD 389 million at aMarginof 26.4%, up 190 basis points.
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