Key Points – Strong second-quarter performance: Revenue rose 7%, adjusted EBITDA increased 12%, and adjusted EBITDA margin expanded to 28.1%.
North America led growth, while adjusted net income climbed approximately 55% and operating cash flow reached $66 million. – Outlook improved: Alliance Laundry maintained its 2026 revenue-growth forecast of 6% to 7% but raised adjusted EBITDA growth guidance to 8% to 10%, supported by pricing, cost controls and resilient commercial laundry demand. – Balance sheet strengthened: The company repaid $50 million of debt during the quarter and $825 million over the past year, reducing net leverage to 2.4 times adjusted EBITDA
International performance was mixed, with strong Asia-Pacific growth offset by weakness tied to conflict and energy costs in the Middle East and Africa. Alliance Laundry (NYSE:ALH) reported higher second-quarter revenue, profit and cash flow, citing broad-based demand across North America and continued growth in Asia-Pacific markets. The commercial laundry equipment company raised its full-year adjusted EBITDA growth outlook while maintaining its revenue growth forecast.
Chief Executive Officer Mike Schoeb said the company’s results reflected its exposure to replacement-driven and non-discretionary commercial laundry end markets, including hospitals, elder care facilities, hospitality customers, industrial users and emergency responders. “Every day really is laundry day,” Schoeb said, describing the industry as essential and resilient across economic cycles. Second-Quarter Results and Margin Expansion Second-quarter net revenue increased 7% from a year earlier, with pricing contributing slightly more than half of the increase and volume accounting for most of the remainder, according to Chief Financial Officer Dean Ducker. – Gross profit rose 9%, and gross margin expanded about 90 basis points to 39.8%. – Adjusted EBITDA increased 12% year over year, while adjusted EBITDA margin rose 135 basis points to…