Parker Sees FY25 Total Sales Growth 0.5%-3.5%
Portfolio Pulse from Benzinga Newsdesk
Parker Hannifin projects fiscal year 2025 total sales growth between 0.5% and 3.5%, with organic sales growth of 1.5% to 4.5%. The company expects divestitures to impact sales by -1.5% and favorable currency to contribute 0.5%. Operating margins are anticipated to rise to 22.6%, or 25.7% on an adjusted basis.
October 31, 2024 | 11:32 am
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Parker Hannifin projects FY25 sales growth of 0.5%-3.5%, with organic growth of 1.5%-4.5%. Operating margins are expected to increase, indicating potential profitability improvements.
The projected sales growth and increase in operating margins suggest a positive outlook for Parker Hannifin's profitability. The organic sales growth indicates strong underlying business performance, while the adjusted operating margin highlights potential efficiency improvements.
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