Dafinchi AI

International Flavors & Fragrances Inc.

IFF

Industrial

1w

Financial Performance Summary

Adjusted operating EBITDA rose 6% to $552 million, with a 50 basis point margin expansion.
Food Ingredients sales increased 1% to $850 million, with a 21% adjusted operating EBITDA growth and a 170 basis point margin improvement to 14.6%.
Health & Biosciences segment grew 4% in sales and 3% in adjusted operating EBITDA.
IFF reported Q2 2025 sales of over $2.75 billion, marking a 3% year-over-year increase driven by volume gains across all segments.
Net debt to credit adjusted EBITDA ratio improved to 2.5x, the lowest since 2018, following divestitures and debt tender offering.
Pharma Solutions sales increased 21% year-over-year but was divested on May 1, 2025.
Scent segment sales rose 1%, with Fine Fragrance showing double-digit growth while Fragrance Ingredients faced declines due to low-cost competition.
Taste segment sales grew 6% to $631 million, with a 3% increase in adjusted operating EBITDA.

Generac Holdings Inc.

GNRC

Industrial

2w

Financial Performance Summary

Adjusted EBITDA margins improved to nearly 18%, up from 16.5% in the prior year, supported by strong gross margin expansion of 170 basis points to 39.3%.
Adjusted net income was $97 million or $1.65 per share, compared to $82 million or $1.35 per share in the prior year.
Cash flow from operations was $72 million, slightly down from $78 million prior year, and free cash flow was $14 million compared to $15 million, impacted by higher working capital and capital expenditures.
Domestic segment sales increased 7% to $884 million with adjusted EBITDA margin of 17.9%, while international segment sales increased 7% to $197 million with adjusted EBITDA margin of 15%.
GAAP net income rose to $74 million from $59 million in the prior year quarter, with diluted net income per share increasing to $1.25 from $0.97.
Operating expenses increased 12% due to higher variable costs from shipment volumes, increased employee costs, and expenses related to recent acquisitions.
Second quarter net sales increased 6% year-over-year to $1.06 billion, driven by 7% growth in residential product sales and 5% growth in commercial and industrial (C&I) product sales.

Parsons Corporation

PSN

Industrial

1w

Financial Performance Summary

Adjusted EBITDA was $149 million, comparable to Q2 2024, with margin expansion of 40 basis points to 9.4%, a second quarter record.
Critical Infrastructure segment revenue increased 14% year-over-year, with adjusted EBITDA margin expanding 350 basis points to 10.5%, a segment record.
Excluding a confidential contract, total revenue grew 13% and 8% on an organic basis, driven by transportation and cyber markets.
Federal Solutions segment revenue decreased 19% year-over-year but increased 8% excluding the confidential contract.
Free cash flow conversion was 151% for the quarter and 125% on a trailing 12-month basis.
Net debt leverage ratio was 1.5x after the acquisition of Chesapeake Technology International (CTI).
Operating cash flow was $160 million, consistent with prior year, with a trailing 12-month record of $574 million, a 17% increase.
Share repurchases totaled approximately 219,000 shares in Q2 at an average price of $68.56.
Total revenue for Q2 2025 was $1.6 billion, down 5% year-over-year and 9% on an organic basis.

Douglas Dynamics, Inc.

PLOW

Industrial

1w

Financial Performance Summary

Adjusted EBITDA margin was flat at 21.9%, reflecting strong Solutions margin improvements offsetting lower Attachments volumes.
Consolidated net sales decreased 2.8% compared to Q2 2024, primarily due to lower volumes at Work Truck Attachments related to preseason shipment timing.
Free cash flow improved by approximately $4 million to negative $17.8 million year-to-date.
GAAP net income was $26 million or $1.09 per diluted share, up 6.6% and 6.9% respectively from the prior year.
Interest expense decreased 27.9% to $3 million due to lower borrowings.
Inventory increased to $153.3 million from $139.4 million, driven by component inflows to support Solutions backlog despite Attachments inventory reduction.
Leverage ratio improved significantly to 2.0x from 3.3x a year ago, reflecting improved balance sheet and amended debt agreement.
SG&A expenses decreased 6.9% to $21.8 million due to lower stock-based compensation and employee benefits costs.
Work Truck Attachments net sales were $108.1 million with adjusted EBITDA of $31.6 million, lower due to shipment timing but in line with expectations.
Work Truck Solutions net sales increased 5.4% to $86.2 million, with adjusted EBITDA up 39.8% to $11 million, achieving a record quarterly margin of 12.8%.