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