earnings
confidence high
sentiment positive
materiality 0.75
Enerpac Q1 fiscal 2023: core sales up 13% YoY; adjusted EPS $0.29; guidance reaffirmed
ENERPAC TOOL GROUP CORP
2023-Q1 EPS reported
$0.13
revenue$139,382,000
- Net sales $139M; core sales +13% YoY; FX headwind reduced sales by 6%.
- Adjusted EBITDA margin 19.1% (+570 bps YoY); GAAP operating margin 8.8%, adjusted 16.6%.
- GAAP diluted EPS $0.11; adjusted diluted EPS $0.29; cash from ops $18M.
- Leverage 0.7x Net Debt/Adjusted EBITDA; refinanced Senior Credit Facility.
- Unveiled 'Raising the Bar' growth strategy; full-year fiscal 2023 guidance unchanged.