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Ametek raises annual profit forecast on steady demand in electromechanical unit
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Ametek raises annual profit forecast on steady demand in electromechanical unit
Jul 31, 2025 7:25 AM

July 31 (Reuters) - Industrial tools maker Ametek ( AME )

raised its annual profit forecast on Thursday, after

beating second-quarter estimates, benefiting from steady demand

in its electromechanical segment (EMG) and its recent

acquisition of FARO Technologies.

Shares of Ametek ( AME ), which makes testing and measurement

instruments, medical devices as well as automation solutions,

rose about 6% in early trading following the results.

Quarterly sales at the electromechanical unit, which

produces specialized motors, sensors and motion control systems

used across industrial and aerospace markets, rose 6% to $618.5

million from a year ago.

The segment has been a key growth driver for the Berwyn,

Pennsylvania-based company as manufacturers ramp up automation

and efficiency investments despite a mixed macroeconomic

backdrop.

"EMG had an excellent quarter highlighted by strong organic

sales and orders growth, record-level operating income and

robust margin expansion," CEO David Zapico said.

Ametek's ( AME ) purchase of FARO Technologies, which closed earlier

this month, also helped the firm expand its market.

The company forecast 2025 adjusted profit in the range of

$7.06 to $7.20 per share, above its prior view of $7.02 to

$7.18.

It expects annual overall sales to be up mid-single digits,

compared with its previous forecast of low-single digit

percentage growth.

Ametek ( AME ) earned second-quarter profit of $1.78 per share on an

adjusted basis, beating analysts' average estimate of $1.69 per

share, according to data compiled by LSEG.

The company's quarterly net sales rose to $1.78 billion from

$1.74 billion a year ago. Analysts were expecting revenue of

$1.73 billion.

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