LFUS · Littelfuse Q2 FY2026 earnings call record财报电话会记录

“The Basler acquisition contributed approximately 6% to sales growth, while foreign exchange was a 1% tailwind.”

“Adjusted EBITDA margin finished at 23.6%, up 220 basis points, reflecting strong volume leverage, favorable mix, and operational execution.”

“In the quarter, operating cash flow was $146 million, while free cash flow grew to $127 million, up 75% year-over-year.”

“We ended the quarter with $628 million of cash, a consolidated net leverage ratio of approximately 0.8x, and returned $90 million to shareholders through our dividend.”

“Sales for the quarter increased 21% year-over-year, with 20% organic growth.”

“Adjusted EBITDA margin for the electronics segment was 26.3%, up 470 basis points versus the prior year, reflecting strong volume leverage, mix, and execution.”

“Looking forward, we expect the site closure will enhance our 2027 electronic segment profitability, and we will continue to share more as we make progress.”

“As a result, we now expect Basler to contribute approximately $135 million-$140 million of revenue in 2026 above our prior outlook.”

“Adjusted EBITDA margin was 22.6%, up 50 basis points year-over-year, supported by volume leverage and favorable mix.”

“We expect 21% organic growth, a contribution of 6% to growth from the Basler acquisition, and a 1% FX headwind.”

“There were some areas in the channel, also at our end customers, that I think inventories were low that are kind of normalizing.”

“That's the other big focus area internally that we're spending a lot of time to be able to fulfill our customers' demands.”