AMETEK Raises 2026 EPS Outlook to $8.53-$8.57 After Indicor Deal
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AMETEK, Inc. raised its 2026 earnings-per-share outlook to $8.53 to $8.57 after completing its Indicor acquisition, while projecting mid-teens overall sales growth for the year. The company expects organic sales to increase at a high single-digit rate. Indicor contributed slightly more than $100 million in quarterly revenue, and its organic performance was in line with expectations. AMETEK targets synergies of 10% to 12% over three years and describes integration as progressing well. Debt rose to $6.7 billion following the acquisition. Net leverage stood at 2.1 times, and interest expense increased. Europe was AMETEK's weakest region, while pricing exceeded inflation.
Source: TokenPost
