EMEA and APAC regions showed robust performance with 11% total sales growth and EBITDA margins reaching 20.6%, driven by high-growth markets and acquisitions.
ESAB delivered strong Q2 2025 results with total sales growth of 2% and record adjusted EBITDA margins of 20.4%, the highest in company history.
Free cash flow for the quarter was $46 million, with expectations for improved cash flow in H2 2025 due to reduced tariff-related inventory and seasonal trends.
The Americas faced volume headwinds due to tariff-related uncertainty, particularly impacting Mexico and delaying automation orders, resulting in flat organic growth in the region.
The company maintained net leverage within its 2x target range, supporting flexible investment in growth opportunities.
Americas revenue increased 21% to $840 million, adjusted EBITDA increased 34% to $133 million driven by volume growth, category mix, and lower operating costs.
AMP reported 5% global shipments growth and 18% adjusted EBITDA growth in Q2 2025 versus prior year, ahead of guidance.
Europe revenue increased 9% to $615 million (4% constant currency), shipments grew 1%, but adjusted EBITDA decreased 3% to $77 million due to input cost headwinds.
Net leverage declined to 5.3x from prior year, liquidity position strong at $680 million with no near-term bond maturities.
North America shipments increased 8%, Brazil beverage can shipments increased 12%, outperforming the industry.
Dafinchi