earnings
confidence high
sentiment positive
materiality 0.65
Enovis reports Q1 adjusted stand-alone sales up 21% to $375M, EBITDA up 25%
Enovis CORP
2022-Q1 EPS reported
$0.28
revenue$1,023,368,000
- Sales of $375M (+21% total, +7% organic); Recon +72% (+12% organic), P&R +4% (+6% organic).
- Adjusted stand-alone EBITDA of $48M (margin 12.7%, +40bps YoY); adjusted EPS $0.37.
- Reaffirmed FY2022 guidance: revenue growth 10-14%, EBITDA $245-265M, EPS $2.20-2.40.
- Completed spin-off of ESAB on April 4; strong balance sheet with near zero net leverage.