Ametek had a strong first quarter, with strong sales growth and excellent operating performance, resulting in robust core margin expansion and earnings that exceeded the company’s expectations. The company’s $1.46 billion worth of revenues were up 20% from the same period in 2021 driven by a 14% jump in organic sales. Its core Electronic Instruments Group (EIG) business which accounts for around two-thirds of the business grew by 31% whereas its Electromechanical Group (EMG) segment was relative ....
21 May 2022
Ametek Inc.: Acqusition-Led Growth & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (05/22)
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Ametek Inc.: Acqusition-Led Growth & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (05/22)
- Published:
21 May 2022 -
Author:
Ishan Majumdar -
Pages:
26
Ametek had a strong first quarter, with strong sales growth and excellent operating performance, resulting in robust core margin expansion and earnings that exceeded the company’s expectations. The company’s $1.46 billion worth of revenues were up 20% from the same period in 2021 driven by a 14% jump in organic sales. Its core Electronic Instruments Group (EIG) business which accounts for around two-thirds of the business grew by 31% whereas its Electromechanical Group (EMG) segment was relative ....