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Mar 31, 2022
Enpro Q1 2022 Earnings Report
Enpro reported strong results driven by solid performance in Sealing Technologies and Advanced Surface Technologies segments and sustained benefits from transformative portfolio reshaping actions.
Key Takeaways
Enpro Industries reported a 17.7% increase in sales to $328.7 million and a 30.6% increase in adjusted EBITDA to $67.9 million. Adjusted EBITDA margin increased 210 bps to 20.7%.
Sales increased 17.7%; organic sales increased 13.5%.
Adjusted EBITDA increased 30.6% to $67.9 million; adjusted EBITDA margin increased 210 bps to 20.7%.
Adjusted diluted earnings per share increased 33.6% to $1.83.
Maintain revenue growth guidance of low double-digits and adjusted EBITDA guidance of $263-$275 million for 2022.
Enpro
Enpro
Enpro Revenue by Segment
Forward Guidance
The company continues to expect 2022 revenue growth to be in the low double-digit range and adjusted EBITDA to be in the range of $263 million to $275 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income