Key Points – Strong second-quarter performance: Sales rose 17.6% year over year to $338.8 million, while adjusted EBITDA increased 22% to $86.9 million and adjusted EPS climbed 23.2% to $2.50. – Semiconductor demand drove growth: Advanced Surface Technologies sales increased…
8%, supported by precision cleaning for advanced-node chip production, while Enpro is expanding capacity in Arizona, California and Taiwan. – Enpro raised its 2026 outlook: The company now expects 14%–16% sales growth, $330 million–$340 million in adjusted EBITDA and adjusted EPS of $9.30–$9.80, with much of the increase attributable to AST. Enpro (NYSE:NPO) reported higher second-quarter sales and earnings as demand strengthened across its Advanced Surface Technologies business, particularly in semiconductor-related applications, while its Sealing Technologies segment benefited from acquisitions, aerospace demand and domestic industrial growth
Sales rose 17.6% year over year to $338.8 million in the second quarter, while adjusted EBITDA increased more than 22% to $86.9 million. Adjusted EBITDA margin expanded 90 basis points to 25.6%, and adjusted diluted earnings per share increased 23.2% to $2.50. President and Chief Executive Officer Eric Vaillancourt said the company’s products serve mission-critical applications including advanced semiconductor manufacturing, biopharmaceutical processes, space and satellite communications, gas and liquid sensing, commercial transportation and industrial processing. “We are pleased with our strong first half results and improved outlook for the rest of the year,” Vaillancourt said, citing customers’ needs for products that help them operate “safely, reliably, and efficiently.” Semiconductor demand lifts Advanced Surface Technologies Advanced Surface Technologies, or AST, posted 21.8% sales growth during the quarter, with improving sequential orders and particularly strong demand for precision cleaning services linked to advanced-node chip production….