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Stock impact report

Enerpac Tool Group Corp (EPAC) Q1 2026 Earnings Call Highlights: Strong Product Sales and ... [Yahoo! Finance]

Enerpac Tool Group Corp. (EPAC) 
Last enerpac tool group corp. earnings: 3/19 08:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Enerpac Tool Group Corp ( NYSE:EPAC ) reported a 4% organic growth in product sales, indicating strong market share gains. The company experienced double-digit growth in its heavy lifting technology business, driven by infrastructure applications. Cortland posted an exceptional 27% year-over-year gain, contributing positively to the company's overall performance. Enerpac Tool Group Corp ( NYSE:EPAC ) maintained a strong balance sheet with a net debt to adjusted EBITDA ratio of 0.3. The company is investing in innovation and expects to deliver more new product introductions in fiscal 2026, enhancing future growth prospects. Overall revenue decreased by 1% in the first quarter, with ITS sales declining 3% organically. Service revenue saw a significant 26% decline, particularly in the EMEA region, due to market slowdowns and customer consolidation in the oil and gas industry. Revenue in the APAC region declined by 8% due to political uncertainty in Southeast Asia and a slo Show less Read more
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