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HWKN — Hawkins News Story

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Hawkins Q3 revenue rises on water treatment growth

Overview

Water treatment firm's Q3 revenue grew 8% yr/yr but missed analyst expectations

Adjusted EBITDA for Q3 increased 3% but missed analyst estimates

Company completed acquisition of Redbird Chemical, previously announced

Outlook

Hawkins expects WaterSurplus acquisition to be accretive in fiscal 2027

Company anticipates revenue growth of 15% or more and EBITDA margins of 20%

Hawkins sees pricing pressures in food markets impacting fourth-quarter results

Result Drivers

WATER TREATMENT GROWTH - Water Treatment segment revenue increased 21%, driven by acquisitions and improved pricing

INDUSTRIAL SOLUTIONS GROWTH - Industrial Solutions segment sales rose 10% due to increased sales of manufactured, blended, and repackaged products

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 SalesMiss$244.08 mln$252.51 mln (4 Analysts)
Q3 EPS$0.69
Q3 Net Income$14.31 mln
Q3 Adjusted EBITDAMiss$34.84 mln$39.80 mln (4 Analysts)
Q3 Operating Cash Flow$35 mln
Press Release: ID:nGNX5lwHnm 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.)

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