GPGI Q3 adjusted net sales rise 4.5%, EBITDA up 6.6%

By Reuters News


Overview

  • Diversified industrial platform's Q3 pro forma adjusted net sales rose 4.5% yr/yr

  • Q3 pro forma adjusted EBITDA increased 6.6% yr/yr

  • Results reflect strength at CompoSecure and improving demand at Husky


Outlook

  • GPGI sees 4Q26 pro forma adj net sales of $630-$660 mln, up 1% y/y at midpoint

  • Company expects FY26 pro forma adj EBITDA of $520-$550 mln, down 2% y/y at midpoint

  • GPGI anticipates return to growth algorithm in 2027 on pipeline and order acceleration at Husky


Result Drivers

  • COMPOSECURE PERFORMANCE - Co said record strength at CompoSecure contributed to Q3 results

  • OPERATIONAL EFFICIENCY - Co said operational efficiency gains contributed to results, citing the Resolute Operating System

  • HUSKY DEMAND - Co said improving demand at Husky supported Q3 performance


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Net Income

$76 mln

Q3 Adjusted EBITDA

Beat

$146.30 mln

$142 mln (1 Analyst)


Analyst Coverage

  • The one available analyst rating on the shares is "hold"

  • The average consensus recommendation for the business support services peer group is "buy."

  • The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago


Reuters Recommended Reads

  • Nov 3 - Eaton Q3 sales, EPS beat estimates on strong demand

  • Nov 4 - Emerson Electric Q4 sales beat estimates on broad-based demand

  • Nov 3 - Regal Rexnord Q3 sales beat estimates on data center demand


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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