Donaldson Beats On Q1 Earnings On Strong Volumes, Reaffirms FY25 Guidance

Donaldson Company, Inc. (NYSE:DCI) shares are trading lower after the company reported first-quarter FY25 results.

Sales increased 6.4% year over year to $900.1 million, beating the consensus of $888.9 million, led by higher volume growth across all segments.

By Segment, Mobile Solutions sales surged 6.0%, with Aftermarket sales climbing 10.7%, aided by market share gains and the impact of customer destocking in the prior-year period.

Industrial Solutions sales grew 4.6% in the quarter, driven by a 26.8% surge in Aerospace and Defense sales on strong end-market conditions.

Life Sciences segment sales increased 16.6%, led by market share gains, improved conditions in the Disk Drive market, and double-digit growth in Food & ...

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