Investor Presentaiton
CEO Remarks - Q1 Performance
Impressive execution by both groups led to a strong start to the year, with
Q1 results including the highest net sales and EPS of any first quarter in
Company history
Environmental Solutions Group highlights:
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YoY net sales growth of 16% and a 180-basis point improvement in
adjusted EBITDA margin
17% sequential quarterly production improvement at our two largest
facilities; supply chain continuing to improve, overall
Aftermarket revenues up 22%, with noted strength in parts sales
Completed acquisition of Blasters in January 2023
Safety and Security Group highlights:
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YoY net sales growth of 19%, with higher sales of industrial signaling
equipment and public safety equipment
390-basis point improvement in adjusted EBITDA margin
In-sourcing production of several key components at improved
margins; reduced reliance on overseas suppliers
FEDERAL SIGNAL
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