Welcome to our dedicated page for ESAB news (Ticker: ESAB), a resource for investors and traders seeking the latest updates and insights on ESAB stock.
ESAB Corporation (NYSE: ESAB) generates a steady flow of news as a focused industrial compounder in the heating equipment and welding-related manufacturing space. Headquartered in North Bethesda, Maryland, the company reports serving customers in approximately 150 countries and regularly updates investors on its operations, acquisitions, governance and capital allocation.
News about ESAB frequently centers on its quarterly financial results, where the company discusses sales trends, core organic growth, core adjusted EBITDA, and the impact of its ESAB Business Excellence (EBX) system. Earnings releases often highlight performance in its Equipment and Automation portfolio, welding and gas equipment, and contributions from recent acquisitions across the Americas, EMEA and APAC regions.
Another key theme in ESAB’s news flow is its acquisition activity. The company has announced transactions such as the acquisition of Bavaria Schweisstechnik GmbH to enhance its consumables portfolio, gas control acquisitions like Aktiv Technologies and DeltaP, and a definitive agreement to acquire EWM GmbH, a German-based leader in heavy industrial welding equipment and advanced automation. These updates provide insight into how ESAB advances its industrial compounder strategy.
Investors and followers of ESAB can also expect news on dividends and financing, including quarterly cash dividend declarations and changes to its credit facilities, as well as governance developments such as board appointments and planned director retirements. Together, these items offer a view into ESAB’s financial performance, strategic priorities, balance sheet management and board-level oversight. This news page aggregates such announcements so readers can monitor ESAB’s ongoing corporate and operational developments in one place.
ESAB Corporation announced it will release its financial results for the third quarter of 2022 on November 3, 2022, at 8:00 a.m. Eastern. A conference call will follow, accessible to the public via phone or through a webcast on the company’s website. ESAB is a leader in fabrication and specialty gas control technology, providing advanced equipment and digital solutions. The financial results release and additional materials will be available on ESAB’s Investors section prior to the call.
ESAB Corporation (NYSE: ESAB) announced a quarterly cash dividend of $0.05 per share, payable on October 14, 2022, to shareholders of record as of September 30, 2022. This dividend reflects the company's commitment to returning value to its shareholders.
ESAB Corporation reported second quarter 2022 results, achieving record sales of $661.2 million, a 5% increase, supported by 9% organic growth. Adjusted EBITDA rose 6% to $110.5 million, with margins expanding slightly. The company reaffirmed its full-year guidance, anticipating $2.45-$2.50 billion in sales and adjusted EPS of $3.85-$4.05. A successful extension of a $600 million term loan was completed, enhancing financial flexibility. ESAB aims to leverage new product innovation, including a new partnership with Hexagon, to drive future growth.
ESAB Corporation (NYSE: ESAB) has announced that it will release its second quarter 2022 financial results on August 9, 2022, with a conference call starting at 8:00 a.m. Eastern. Investors can access the call by dialing +1-888-550-5302 (U.S.) or +1-646-960-0685 (International) and using conference ID 4669992. The results and any supplemental information will be available on the Company’s website prior to the call, along with a replay link.
ESAB is a leader in fabrication and specialty gas control technology.
ESAB Corporation (NYSE: ESAB) announced that President & CEO Shyam P. Kambeyanda and CFO Kevin Johnson will present at the UBS Global Industrials and Transportation Conference on June 7, 2022, at 8:50 a.m. EDT in New York City. The event will be live-streamed on ESAB's website, where replays will also be available afterward. As a leader in fabrication and specialty gas control technology, ESAB provides advanced equipment and digital solutions that impact various industries. Investors can find more information on the company's website.
ESAB Corporation (NYSE: ESAB) has declared a quarterly cash dividend of $0.05 per share for its common stock. This dividend is scheduled for payment on July 18, 2022, to shareholders on record as of July 1, 2022. This announcement reflects ESAB's commitment to returning value to shareholders through dividends, demonstrating financial stability within the specialty gas control technology sector.
ESAB Corporation reported impressive first-quarter results for 2022, with a net income from continuing operations of $58.4 million, translating to $0.96 per share. The company achieved record sales of $648 million, a 14% increase, bolstered by 18% organic growth. Adjusted EBITDA rose to $109 million, a 16% annual growth. Following a successful separation from Enovis Corporation, ESAB reaffirmed 2022 sales guidance of $2.45-$2.50 billion. The CEO noted strong demand for their innovative solutions, emphasizing the focus on long-term shareholder value.
ESAB Corporation (NYSE: ESAB) has launched InduSuite, a comprehensive software portfolio aimed at enhancing workflow and operational efficiency for manufacturers and fabricators. InduSuite provides users with access to real-time performance data, accountability, and control over metal fabrication processes. Notable customer successes include a significant increase in welding hours and productivity metrics. The applications, which integrate seamlessly with existing systems, are designed for users of all experience levels and operate on Microsoft Azure for optimal security and reliability.
ESAB Corporation (NYSE: ESAB) announced it will release its financial results for Q1 2022 on May 10, 2022, with a subsequent conference call at 9:00 a.m. Eastern. The call will be accessible to the public via phone and webcast on their website. The results and any supplemental information will be available under the ‘Investors’ section of their site before the call. A replay of the call will also be posted later that day, allowing stakeholders to review the financial performance at their convenience.
ESAB Corporation has successfully completed its separation from Enovis Corporation, officially becoming an independent publicly traded entity on April 5, 2022. Trading under the NYSE symbol 'ESAB', the company highlights its history of revenue growth and operational excellence. Over 54 million shares, representing 90% of ESAB's common stock, have been distributed to Enovis shareholders. ESAB's new purpose, 'Shaping the world we imagine,' reflects its commitment to innovation and employee collaboration while continuing to prioritize operational performance and stakeholder value.
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