Enerpac Tool Group Corp. · NYSE:EPAC
Enerpac Tool — Q2 2025 Earnings Presentation
16 slides from Enerpac Tool's earnings presentation, Mar 25, 2025
Slide 1: Q2 FY25 Earnings
Q2 FY25 EARNINGS | 3.25.2025 | ENERPAC ‘¢ TOOL GROUP
Slide 2: Forward-Looking Statements and Non-GAAP Measures
Forward-Looking Statements and Non-GAAP Measures Statements made in this presentation that are not historical are forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. In addition to statements with respect to guidance, the terms “outlook
Slide 3: Q2 Fiscal 2025 Revenue
Q2 Fiscal 2025 Revenue ($ in millions) Net Sales Net Sales Organic 2Q25 2Q24 Change Growth* Industrial Tools & Service (IT&S) $141 $135 4.4% 4.2% IT&S Product $114 $108 5.5% 4.4% IT&S Service $27 $27 -0.2% 3.4% Other (Cortland Biomedical) $5 $4 33.1% 33.1% Enerpac Tool Group $146 $138 5.1% 5.0% *Org
Slide 4: IT&S Organic Growth by Region
IT&S Organic Growth by Region * Region 2Q25 2Q24 FY24 IT&S Regional Sales APAC 13% Americas 46% EMEA 41% *Organic revenue growth excludes the impact of foreign exchange rates, acquisitions, and dispositions. 4 LSD = low single digit, MSD = mid single digit, HSD = high single digit
Slide 5: Q2 Fiscal 2025 Profitability
Q2 Fiscal 2025 Profitability ($ in millions, except EPS) YoY 2Q25 2Q24 Change Gross Margin 50.5% 51.6% -110 bps Adjusted SG&A * 28.3% 28.4% -10 bps Adjusted EBITDA* $34 $34 -1% Adjusted EBITDA Margin 23.2% 24.8% -160 bps Adjusted EPS* $0.39 $0.36 8% *Adjusted SG&A, adjusted EBITDA, and adjusted EPS
Slide 6: Strong Liquidity & Balance Sheet, Balanced Capital Allocation Strategy
Strong Liquidity & Balanced Capital Balance Sheet Allocation Strategy ($ in millions) Cash & Equivalents $120 Revolver Capacity (Undrawn) $399 Total Liquidity $518 Total Debt $192 Invest in Ourselves Disciplined M&A Net Debt/Adj. EBITDA* 0.5x Investments in Digital, Product Innovation, R&D, Operatio
Slide 7: Infrastructure Project
Infrastructure Project Enerpac's SyncHoist System in use in Chile Making complex, often hazardous jobs possible, safely and efficiently 7
Slide 8: Relocating our Headquarters to the Enerpac Center in Downtown Milwaukee
Relocating our Headquarters to the Enerpac Center in Downtown Milwaukee on March 31 8
Slide 9: Appendix
Appendix TOOL GROUP
Slide 10: FY25 Guidance
NET SALES FY25 Guidance $610 - $625M ~0-2% Organic Growth ~3-6% Total Growth Key Assumptions: ▪ Targeting to outperform industry and gain market share ADJ. EBITDA* ▪ No broad-based global recession Depreciation & Amortization ~$14 - $16M $150 - $160M Interest Expense ~$13 - $15M Adjusted Tax Rate ~2
Slide 11: Historical Quarterly Results
Historical Quarterly Results ($ in millions, except per share) Net Sales & YoY Organic Growth* Adjusted EBITDA and Margin* $161 $159 $156 $150 $40 $40 $39 $145 $146 $37 $142 $142 $138 $35 $34 $34 $32 $34 9% 5% 26% 6% 25% 25% 25% 24% 24% 2% 24% 23% 4% 1% 5% 23% 1% -1% 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q
Slide 12: IT&S Organic Growth by Region
IT&S Organic Growth by Region Regional IT&S Organic Growth by Region Americas EMEA APAC 1Q23 +HT +HSD +LSD 2Q23 +LDD +MSD +MSD 3Q23 +MSD Flat +HT 4Q23 +HSD +MSD +HT 2023 +LDD +MSD +LDD 1Q24 +MSD +HSD +LSD 2Q24 +LSD +MSD -LSD 3Q24 -LSD +LDD -LDD 4Q24 Flat +LSD -MSD 2024 +LSD +HSD -MSD 1Q25 -MSD +LSD
Slide 13: Reconciliation of Non-GAAP Measures
Reconciliation of Non-GAAP Measures (US$ in millions) Q2 FY25 Organic Sales Consolidated Organic Sales by Quarter by Category ETG Organic Sales - Q1 FY23 vs. Q1 FY22 ETG Organic Sales - Q1 FY24 vs. Q1 FY23 ETG Organic Sales - Q1 FY25 vs. Q1 FY24 IT&S Organic Sales - Q2 FY25 vs. Q2 FY24 Q1 FY23 Q1 FY
Slide 14: Reconciliation of Non-GAAP Measures
Reconciliation of Non-GAAP Measures (US$ in millions, except per share) Net Sales Adjusted Net Earnings from Continuing Operations 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 Enerpac Tool Group $ 142 $ 156 $ 161 $ 142 $ 138 $ 150 $ 159 $ 145 146 Net Earn
Slide 15: Reconciliation of Non-GAAP Measures
Reconciliation of Non-GAAP Measures (US$ in millions) Adjusted Selling, general and administrative expenses Free Cash Flow Q2 FY24 Q2 FY25 FY2021 FY2022 FY2023 FY2024 2Q25 YTD Selling, general and administrative expenses $ 41 $ 41 Cash provided by operating activities 54 52 78 81 16 Selling, general
Slide 16: Notes to Reconciliation of Non-GAAP Measures
Notes to Reconciliation of Non-GAAP Measures (1) Approximately $0.4 million of the Q4 fiscal 2024 restructuring charges were recorded in cost of products sold. (2) EBITDA represents net earnings from continuing operations before financing costs, net, income tax expense, and depreciation & amortizati