GPGI Q3 adjusted net sales rise 4.5%, EBITDA up 6.6%
GPGI•
GPGI•GPGI’s third-quarter pro forma adjusted net sales rose 4.5% year over year and adjusted EBITDA increased 6.6% to $146.3 million. It expects fourth-quarter adjusted net sales of $630 million to $660 million and full-year adjusted EBITDA of $520 million to $550 million.
GPGI said third-quarter pro forma adjusted net sales rose 4.5% year over year and pro forma adjusted EBITDA increased 6.6% to $146.3 million, above the $142 million consensus estimate. Net income was $76 million.
The company cited record strength at CompoSecure, improving demand at Husky and operational efficiency gains from its Resolute Operating System.
GPGI expects fourth-quarter pro forma adjusted net sales of $630 million to $660 million, up 1% year over year at the midpoint. It expects full-year 2026 pro forma adjusted EBITDA of $520 million to $550 million, down 2% at the midpoint, and anticipates returning to its growth algorithm in 2027 on pipeline and order acceleration at Husky.