AirBoss Q2 sales miss estimates
Overview
AirBoss Q2 2025 net sales rise 3.4% yr/yr but missed analyst expectations
Adjusted EBITDA for Q2 2025 beats estimates, rising 68.7% yr/yr
Company sees growth in AMP defense products, ARS faces market softness
Outlook
Company anticipates difficulty in volume recovery amid economic headwinds
Company remains focused on cost management to mitigate adverse effects
Result Drivers
AMP GROWTH - AMP segment saw improved sales in defense products, partially offset by softness in rubber molded products
ARS SOFTNESS - ARS segment faced revenue contraction and reduced margins due to market softness and economic uncertainty
NEW AWARDS - AMP secured new production awards expected to generate up to $80 mln in sales over five years
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Sales | Miss | $98.64 mln | $103.90 mln (2 Analysts) |
Q2 Adjusted EBITDA | Beat | $10.24 mln | $8.26 mln (4 Analysts) |
Q2 EBITDA |
| $10.24 mln |
|
Q2 Free Cash Flow |
| $11.15 mln |
|
Q2 Net Debt |
| $86.30 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the tires & rubber products peer group is "buy."
Wall Street's median 12-month price target for AirBoss of America Corp is C$5.00, about 0% even its August 6 closing price of C$5.00
The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 23 three months ago
Press Release: ID:nGNX77rxGp
