Burnham Holdings reports Q4 net loss after divestiture of legacy asbestos liabilities

Burnham Holdings

19/02/2026 21:56

Overview

Boiler maker's Q4 net sales rose 13.8% yr/yr, driven by strategic portfolio adjustments

Adjusted EBITDA for Q4 increased to $12.0 mln, reflecting operational efficiencies

Company reported Q4 net income loss due to strategic divestitures and liabilities

Result Drivers

STRATEGIC PORTFOLIO ADJUSTMENTS - Record high net sales driven by strategic portfolio adjustments aimed at strengthening core boiler business

OPERATIONAL EFFICIENCIES - Gross profit margin increased due to continued operational efficiencies in the Commercial businesses

DIVESTITURE IMPACT - Net income loss due to strategic divestiture of legacy asbestos liabilities and related charges

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
$91.07 mln
Q4 EPS
-$6.68
Q4 Net Income
-$31.37 mln


Press Release: ID:nPnb7gjMga

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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.)