Overview
* NACCO Q2 2025 revenue rises 30% yr/yr to $68.2 million
* Net income for Q2 2025 declines to $3.3 mln from $6.0 mln
* Diluted EPS falls to $0.44 from $0.81, reflecting operational inefficiencies
Outlook
* Company expects substantial increase in H2 2025 operating profit
* NACCO anticipates lower full-year 2025 results due to insurance income in 2024
* Company plans to terminate pension plan in Q4 2025, incurring settlement charge
* Utility Coal Mining segment expects steady demand in H2 2025 and 2026
Result Drivers
* OPERATIONAL CHALLENGES - Short-term operational disruptions and higher unallocated costs affected results, per CEO J.C. Butler
* UTILITY COAL SEGMENT - Inefficiencies at a customer's power plant led to increased mining costs and lower operating profit
* CONTRACT MINING - Reduced customer requirements and operational delays resulted in fewer mined tons delivered
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Rev $68.2
mln
Q2 EPS $0.44
Q2 Net $3.26
Income mln
Q2 $9.26
EBITDA mln
Q2 -$51,000
Operatin
g Income
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)