ESAB Q2 2022 Earnings Report
Key Takeaways
ESAB Corporation announced record second quarter sales of $661.2 million, a 5% increase, including 9% organic growth. Adjusted EBITDA rose 6% to $110.5 million, and the company reaffirmed its full year 2022 guidance.
Reported $0.94 diluted EPS from continuing operations and $1.14 of adjusted diluted EPS.
Sales increased 5%, including organic growth of 9%, reaching a record $661 million.
Achieved record adjusted EBITDA of $111 million, up 6% versus prior year.
Successfully extended $600 million term loan and fixed the interest rate.
ESAB
ESAB
ESAB Revenue by Geographic Location
Forward Guidance
ESAB continues to expect $2.45-$2.50 billion of sales with total reported sales growth of 2%-4%, full year adjusted EBITDA of $400-$420 million, adjusted EPS of $3.85-$4.05 and free cash flow of greater than $210 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income