GPGI Q2 adjusted net sales fall 4% - GPGI News | RalliesGPGI Q2 adjusted net sales fall 4%
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GPGI• Outlook
- GPGI reiterates 2026 pro forma adj net sales guidance of $1.95 bln to $2.1 bln
- Company sees 2026 pro forma adj EBITDA at $550 mln to $610 mln
- GPGI expects to be well positioned for H2 2026 and acceleration in 2027
Overview
- US diversified industrial platform's Q2 pro forma adjusted net sales fell 4% yr/yr
- Pro forma adjusted EBITDA declined 13% from prior year
- Company reiterated full-year 2026 guidance for flat net sales and higher adjusted EBITDA
Result Drivers
- Composecure strength - Co said record results at CompoSecure contributed positively to Q2 performance
- Husky headwinds - Co said Husky's performance was in line with expectations despite transient market headwinds
- Resolute Operating System - Deployment of Resolute Operating System accelerating at both business units, per management
Key details and analyst coverage
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|
| Q2 Net Income | | $50.30 mln | |
| Q2 Adjusted EBITDA | | $113.90 mln | |
- The one available analyst rating on the shares is "hold"
- The average consensus recommendation for the business support services peer group is "buy"
- The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 15 three months ago
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