Laboratory Expertise Drives Growth for Montrose Environmental Group While Fostering Community Health and Safety
Rhea-AI Summary
Montrose Environmental Group (NYSE: MEG) reported significant growth in its Measurement & Analysis segment, achieving a 13.8% year-over-year increase. The company's success is attributed to its strong client partnerships and quick turnaround analytical services.
The environmental solutions firm stands out for its advanced laboratory services, backed by over 60 industry accreditations, including the distinction of being the U.S.'s first and only lab accredited for EPA Method 327. The company specializes in providing data-informed decisions for environmental compliance, safety, and public health initiatives.
Client testimonials from Axine Water Technologies, Geosyntec Consultants, and Aqua Virginia highlight Montrose's expertise in regulatory knowledge, technical capabilities, and consistent service delivery across various environmental projects.
Positive
- 13.8% YoY growth in Measurement & Analysis segment
- Over 60 industry accreditations
- First and only U.S. lab accredited for EPA Method 327
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- None.
Insights
Montrose Environmental Group's announcement reveals 13.8% year-over-year growth in their Measurement & Analysis segment, indicating strong momentum in their laboratory services division. This growth highlights MEG's success in capitalizing on increasing demand for environmental testing and analytics, particularly in areas like PFAS monitoring.
The segment's performance is significant as it represents a core revenue driver within MEG's diversified environmental services portfolio. Their emphasis on regulatory expertise and specialized accreditations (including the exclusive EPA Method 327 certification) creates meaningful competitive differentiation in a fragmented industry.
While the release doesn't provide complete financial metrics across all business segments or specific revenue figures, the double-digit growth in this key division suggests healthy operational performance. The customer testimonials from diverse sectors (water technology, consulting, utilities) demonstrate MEG's broad market penetration and recurring revenue relationships that typically support stable cash flows.
MEG's focus on environmental testing particularly for emerging contaminants positions them well within expanding regulatory frameworks. Their established client base and technical capabilities create barriers to entry, potentially supporting sustained growth as environmental monitoring requirements intensify across industries.
Client delivery excellence and industry-leading capabilities support record revenue for Montrose Measurement & Analysis segment
"What sets Montrose apart from other labs is their regulatory knowledge," said Krista Ramirez, Director of Sales,
"For over two decades, Montrose's responsiveness and quality of service remain unmatched," said Brad Blase, Senior Geologist for Geosyntec Consultants. "From single sample projects to complex multi-year, multi-faceted initiatives, Montrose has continuously delivered the technical expertise, high-quality, defensible data and exceptional service we've come to rely on."
"We've developed a great partnership with Montrose and their commitment to customer service and care has been exemplary in the many years we have worked together," said Devon Scallan, Environmental Compliance Manager for Aqua Virginia, Inc. "With over 200 projects throughout the state, Montrose has consistently provided us with a wealth of knowledge, timely and accurate data, and a solution-oriented approach to address our most challenging issues."
Montrose's portfolio of solutions includes advanced environmental laboratory services that deliver accurate defensible data backed by over 60 industry accreditations, including the
"Our customers value us for our on-time results and defensible data, as well as the meaningful impact we help them make," Todd Grosshandler, Chief Commercial Officer for Montrose Environmental Group added. "Whether addressing emerging contaminants like PFAS, mitigating risks, or enabling sustainable practices, our work underscores the vital role science and innovation play in protecting our planet."
As one of the most trusted environmental solutions firms, Montrose Environmental Group remains committed to delivering data that makes a difference—fostering a healthier, more sustainable world for generations to come. Learn more about our laboratory solutions at Montrose Labs.
About Montrose
Montrose is a leading environmental solutions company focused on supporting commercial and government organizations as they deal with the challenges of today and prepare for what's coming tomorrow. With ~3,400 employees across 100+ locations worldwide, Montrose combines deep local knowledge with an integrated approach to design, engineering, and operations, enabling Montrose to respond effectively and efficiently to the unique requirements of each project. From comprehensive air measurement and laboratory services to regulatory compliance, emergency response, permitting, engineering, and remediation, Montrose delivers innovative and practical solutions that keep its clients on top of their immediate needs – and well ahead of the strategic curve. For more information, visit www.montrose-env.com. Follow us on LinkedIn.
Forward‐Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be identified by the use of words such as "intend," "expect", and "may", and other similar expressions that predict or indicate future events or that are not statements of historical matters. Forward-looking statements are based on current information available at the time the statements are made and on management's reasonable belief or expectations with respect to future events, and are subject to risks and uncertainties, many of which are beyond the Company's control, that could cause actual performance or results to differ materially from the belief or expectations expressed in or suggested by the forward-looking statements. Additional factors or events that could cause actual results to differ may also emerge from time to time, and it is not possible for the Company to predict all of them. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update any forward-looking statement to reflect future events, developments or otherwise, except as may be required by applicable law. Investors are referred to the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2023, for additional information regarding the risks and uncertainties that may cause actual results to differ materially from those expressed in any forward-looking statement.
Contacts
Investor Relations
Adrianne Griffin
(949) 988-3383
ir@montrose-env.com
Media Relations
Tammy Hovey
(917) 520-2751
pr@montrose-env.com
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SOURCE Montrose Environmental Group, Inc.
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