GPGI Q2 adjusted net sales fall 4%
GPGI Q2 adjusted net sales fall 4%
Overview
US diversified industrial platform's Q2 pro forma adjusted net sales fell 4% yr/yr
Pro forma adjusted EBITDA declined 13% from prior year
Company reiterated full-year 2026 guidance for flat net sales and higher adjusted EBITDA
Outlook
GPGI reiterates 2026 pro forma adj net sales guidance of $1.95 bln to $2.1 bln
Company sees 2026 pro forma adj EBITDA at $550 mln to $610 mln
GPGI expects to be well positioned for H2 2026 and acceleration in 2027
Result Drivers
COMPOSECURE STRENGTH - Co said record results at CompoSecure contributed positively to Q2 performance
HUSKY HEADWINDS - Co said Husky's performance was in line with expectations despite transient market headwinds
RESOLUTE OPERATING SYSTEM - Deployment of Resolute Operating System accelerating at both business units, per management
Company press release: ID:nGNX2rl2Sr
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Net Income |
| $50.30 mln |
|
Q2 Adjusted EBITDA |
| $113.90 mln |
|
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 14 times the next 12-month earnings vs. a P/E of 15 three months ago
Reuters Recommended Reads
Aug 5 - Crane NXT Q2 Adjusted EPS beats estimates, raises outlook
Aug 5 - ParkOhio Q2 sales beat estimates; raises 2026 outlook
Aug 4 - AMETEK beats Q2 sales and adjusted EPS estimates, raises 2026 outlook
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.)