Dafinchi AI

Orion Engineered Carbons S.A.

OEC

Industrial

6d

Financial Performance Summary

Gross profit per ton improved sequentially due to better operating performance and cost improvements, partially offset by an adverse inventory revaluation.
Net debt-to-EBITDA ratio ended at 3.55, one turn above the high end of the target range.
Orion reported $69 million of adjusted EBITDA in Q2 2025, in line with expectations despite demand headwinds.
Rubber segment volumes grew 7% year-over-year with a 4% increase in adjusted EBITDA, driven by improved plant operations and despite import headwinds.
Specialty segment volumes declined 8% year-over-year and 6% sequentially due to macroeconomic uncertainty and tariff-related customer hesitancy.
Volumes increased 3% year-over-year but declined 4.5% sequentially.

The Manitowoc Company, Inc.

MTW

Industrial

6d

Financial Performance Summary

Cash used in operating activities was $68 million, including the EPA payment; capital expenditures were $6 million.
GAAP diluted EPS was $0.04; adjusted diluted EPS was $0.08, down $0.17 year-over-year.
Net leverage ratio increased to approximately 4x, with a target to reduce below 3x by year-end.
Net working capital rose to $580 million, including a $43 million payment related to an EPA matter.
Non-new machine sales were $162 million, up 10% year-over-year, contributing to a trailing 12-month record of $659 million.
Orders increased 6% year-over-year to $454 million, driven primarily by European tower crane business with new machine orders up 104%.
Q2 2025 revenue was $540 million, down 4% year-over-year, with adjusted EBITDA of $26 million, down $10 million year-over-year.
SG&A expenses increased by $4 million to $87 million, with adjusted SG&A up $9 million due to foreign currency and employee-related costs.

Cleveland-Cliffs Inc.

CLF

Industrial

3w

Financial Performance Summary

Adjusted EBITDA improved by $271 million from the prior quarter in Q2 2025.
Average selling price rose to $1,015 per ton, a $35 increase from the prior quarter, driven by higher index pricing.
Capital expenditure and SG&A budgets were reduced by $50 million for the full year 2025.
Liquidity ended at $2.7 billion with no near-term maturities and manageable net debt.
Q2 free cash flow showed a $67 million outflow, driven by working capital reductions, with expectations for improved free cash flow in H2 2025.
Shipment volumes increased by 150,000 tons quarter-over-quarter to 4.3 million tons, improving operational efficiency and lowering production costs.
Stelco acquisition contributed to cost synergies, especially through internal coke production reducing external coke purchases.
Unit costs decreased by $15 per ton in Q2, contrary to prior expectations of a slight increase.

Honeywell International Inc.

HON

Industrial

3w

Financial Performance Summary

Adjusted earnings per share were $2.75, up 10% year-over-year; reported EPS was $2.45, up 4%.
Backlog grew 10% organically to a record $36.6 billion.
Capital deployment included $2.2 billion for Sundyne acquisition and $2.4 billion returned to shareholders via buybacks and dividends.
Free cash flow was $1 billion, down roughly $100 million due to tariff-related cost inflation and increased capital spending.
Honeywell delivered solid second quarter results, meeting or exceeding all financial commitments amid global economic changes.
Orders increased 6% year-over-year to $10.5 billion, led by Aerospace with strong double-digit order growth.
Organic sales grew 5% in Q2, with 3 out of 4 segments above this level; Defense and Space and UOP led with double-digit growth.
Segment profit expanded 8% year-over-year, with segment margin nearly flat and within guidance range.

GE

Industrial

4w

Financial Performance Summary

CES profit rose 33% with margins expanding 50 basis points to 27.9%.
DPT profit increased 5% despite tough comparisons, with margins slightly down 20 basis points to 14.1%.
Free cash flow nearly doubled to $2.1 billion.
GE Aerospace reported strong Q2 2025 results with revenue over $10 billion, up 23% year-over-year, driven by CES growth of 30% and DPT growth of 7%.
Inventory increased due to higher material input as output accelerates and LEAP deliveries grow 15-20% in 2025.
Orders increased 27%, with CES orders up 28% for services and 26% for equipment.
Profit increased 23% to $2.3 billion, with EPS up 38% to $1.66, supported by favorable tax rate, lower interest expense, and reduced share count.
Total engine deliveries rose 45%, including 37% commercial and 84% defense growth.