Welding gear maker ESAB's Q3 sales beat on Equipment and Automation portfolio strength

ESAB

29/10/2025 10:43

Overview

ESAB Q3 2025 sales rise 8%, beating analyst expectations

Core adjusted EBITDA for Q3 rises 7%, margin decreases slightly

Company completes EWM acquisition, enhancing equipment and automation portfolio

Outlook

ESAB raises 2025 core sales growth outlook to 4.5%-5.5% from 1.5%-3.5%

Company increases 2025 core adjusted EBITDA guidance to $535-$540 mln

ESAB narrows 2025 core adjusted EPS guidance to $5.20-$5.30

Result Drivers

EQUIPMENT AND AUTOMATION - Mid-single-digit growth in Equipment and Automation segment contributed to overall sales increase

EWM ACQUISITION - Completion of EWM acquisition enhanced equipment and automation portfolio, providing access to React technology

REGIONAL GROWTH - U.S. business returned to mid-single-digit growth as tariff uncertainties abated, strong demand in EMEA and APAC

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$728 mln
$677.60 mln (8 Analysts)
Q3 Core Adjusted EBITDA
$133 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for ESAB Corp is $140.50, about 13.8% above its October 28 closing price of $121.14

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release: ID:nBw2zhQGwa

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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.)