AstroNova Reiterates Fiscal 2025 Outlook: Expects Organic Revenue Growth In The Mid-Single Digits And Adjusted EBITDA Margins Of 13% To 14%
Business Outlook
"Looking ahead, we are excited about the prospects for both segments of our business," Woods said. "With our recent acquisition of Portugal-based MTEX NS, we have significantly strengthened our position in the color digital printing market. In addition to expanding our color labeling business, we now have a much larger footprint in both the durable and flexible packaging market segments. This greatly expanded range of AstroNova products was showcased over the past 10 days in Germany at drupa 2024, the world's preeminent printing trade fair. Our sales team met with a record number of current and prospective customers, and many have already placed orders. Within our T&M segment, we continue to win key defense programs for our data acquisition recorders and gain traction with the ToughWriter transition. We are on track to meet our fiscal full-year 2025 expectations for organic revenue growth in the mid-single digits and Adjusted EBITDA margins of 13% to 14%."