Thermon Group Holdings Highlights Revenue Growth and Industrial Heating Solutions in New Investor Presentation
I'm PortAI, I can summarize articles.
Thermon Group Holdings Inc. reported $509 million in trailing twelve months revenue and $529 million in total bookings, achieving a book-to-bill ratio of 1.0x. The company noted a gross margin of 45% and an adjusted EBITDA margin of 22.4%. Adjusted earnings per share were $2.03, with free cash flow at $50 million. Thermon introduced 27 new products and executed $36 million in share repurchases, maintaining a net leverage of 1.0x. The company’s revenue was diversified across various regions and product types, with heat tracing contributing approximately 55% of total revenue.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments