Loading...
•
Dec 29, 2024
EnerSys Q3 2025 Earnings Report
EnerSys reported solid EPS growth during the third quarter, driven by strong price/mix, the Bren-Tronics contribution, and operational improvements in Energy Systems.
Key Takeaways
EnerSys reported a 5% increase in net sales to $906.2 million, driven by strong A&D demand and contributions from Bren-Tronics. Diluted EPS increased by 55% to $2.88, and adjusted diluted EPS increased by 22% to $3.12, bolstered by a $75 million benefit from IRA tax credits. The company expects a strong finish to the fiscal year, with improving trends across end markets and disciplined execution of strategic priorities.
Net sales increased by 5% to $906 million, driven by A&D demand and contributions from Bren-Tronics.
Energy Systems net sales increased by 4% with significant margin expansion due to efficiency improvements and cost controls.
Diluted EPS increased by 55% to $2.88, and adjusted diluted EPS increased by 22% to $3.12.
The company announced the appointment of Keith Fisher as President, Energy Systems Global.
EnerSys
EnerSys
EnerSys Revenue by Segment
Revenue by Segment
Energy Systems Revenue
CapyFin.comMotive Power Revenue
CapyFin.comSpecialty Revenue
CapyFin.com Forward Guidance
EnerSys expects net sales in the range of $960 million to $1,000 million and adjusted diluted earnings per share in the range of $2.75 to $2.85 for the fourth quarter of fiscal 2025. For the full year fiscal 2025, EnerSys expects net sales in the range of $3,603 million to $3,643 million and adjusted diluted earnings per share in the range of $9.97 to $10.07.
Positive Outlook
- Improving order rates
- Favorable demand trends across core end markets
- Steady demand improvement in the U.S. Communications market
- Early signs of recovery in the Transportation sector
- Margin expansion initiatives in Energy Systems and Specialty businesses
Challenges Ahead
- Ongoing macroeconomic uncertainty, particularly in EMEA
- One-off impacts from Q3
- Slower than anticipated recovery in the Communications market
- Slower than anticipated recovery in the Transportation markets
- Revised full-year revenue guidance
Revenue & Expenses
Visualization of income flow from segment revenue to net income