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

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

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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.)