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Stock impact report

Thermon Group Conference: CECO Deal Pitched as Power-Driven Growth Play With Cross-Sell Upside [Yahoo! Finance]

Thermon Group Holdings, Inc. (THR) 
Last thermon group holdings, inc. earnings: 2/6 07:55 am Check Earnings Report
US:NYSE Investor Relations: ir.thermon.com/investor-relations
Company Research Source: Yahoo! Finance
The CEOs framed the CECO–Thermon combination as a scale play expected to deliver double-digit growth and 20%+ EBITDA margins , supported by CECO's roughly $6.5 billion project pipeline and raised bookings outlook ( $1.5 billion). Management emphasized immediate commercial synergies from cross-selling Thermon's Genesis controls , heat tracing and immersion heaters into CECO's large multi-hundred-million-dollar power projects, with early specification wins described as “low-hanging fruit.”li The deal starts with a described “very healthy” balance sheet (about 2.5x leverage ), enabling programmatic M&A, while Thermon's shift to an 83% OpEx recurring revenue base and a “3D” (decarbonization, digitalization, diversification) strategy reduces oil & gas exposure and broadens end markets. Interested in Thermon Group Holdings, Inc.? Here are five stocks we like better. CECO Environmental and Thermon executives used a conference fireside chat to outline the strategic rationale behind t Show less Read more
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