Separation and Performance - The company reported a significant impact from the separation from Enovis Corporation, with expectations of improved financial and operational performance post-separation[13] - The company is focused on achieving intended benefits from its separation from Enovis Corporation, with expectations for improved financial and operational performance post-separation[13] Geopolitical and Economic Risks - The company anticipates challenges due to geopolitical tensions, particularly the war in Ukraine, which may affect energy supplies and prices[14] - Supply chain constraints have been identified as a risk, with potential impacts on raw material availability and increased costs due to inflation[14] - Supply chain constraints and inflation in raw material costs are significant risks, affecting the company's ability to manage expenses and pricing strategies[14] Acquisition and Growth Opportunities - The company is focused on identifying and integrating attractive acquisition targets to enhance growth opportunities[14] - The company is exploring potential acquisitions to enhance growth, but faces risks related to identifying and integrating suitable targets[14] Industry and Market Fluctuations - The cyclical nature of the welding and cutting industry may lead to fluctuations in demand based on capital investment levels from customers[19] - The cyclical nature of the welding and cutting industry may lead to fluctuations in demand, particularly if capital investments by customers decline[19] Financial and Compliance Risks - The company is exposed to risks related to foreign currency exchange rates, which could impact financial results[19] - The company is exposed to foreign currency exchange rate volatility, which could impact financial results[19] - There are ongoing concerns regarding asbestos-related liabilities and the solvency of insurers covering these costs[16] - The company faces risks associated with compliance with various international laws and regulations, including anti-bribery and export control[16] - The company faces potential liabilities related to environmental, health, and safety laws, which could incur significant compliance costs[22] Internal Controls and Investor Confidence - The company is committed to maintaining effective internal controls over financial reporting to ensure investor confidence[22] - There are concerns regarding the company's ability to maintain effective internal controls over financial reporting, which could affect investor confidence[22] - The company acknowledges the potential for significant fluctuations in stock price and the inability to guarantee dividend payments[22] - The company has limited history operating as a separate public entity, which may pose additional risks to investors[22] Restructuring Risks - The company acknowledges the risks associated with its restructuring activities, which may introduce uncertainty in operating results[19]

ESAB Corporation Announces Fourth Quarter 2023 Results and Initiates Full Year 2024 Guidance North Bethesda, MD, February 29, 2024 -- ESAB Corporation ("ESAB" or the "Company") (NYSE: ESAB), a focused premier industrial compounder, today announced record financial results for the fourth quarter of 2023. ESAB reported fourth quarter sales of $689 million, an increase of 4% on an as reported basis or 4% higher core organic growth before acquisitions and currency translation impacts, as compared to the prior y ...

Have you been paying attention to shares of Esab (ESAB) ? Shares have been on the move with the stock up 10.8% over the past month. The stock hit a new 52-week high of $98.22 in the previous session. Esab has gained 11.4% since the start of the year compared to the 4.9% move for the Zacks Industrial Products sector and the 3.2% return for the Zacks Metal Products - Procurement and Fabrication industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it ...

For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Esab (ESAB) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Industrial Products sector should help us answer this question.Esab is one of 227 individual stocks in the Industrial Produc ...

Investors looking for stocks in the Metal Products - Procurement and Fabrication sector might want to consider either AB SKF (SKFRY) or Esab (ESAB) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style ...

Have you been paying attention to shares of Esab (ESAB) ? Shares have been on the move with the stock up 7.5% over the past month. The stock hit a new 52-week high of $90.76 in the previous session. Esab has gained 4.2% since the start of the year compared to the 3% move for the Zacks Industrial Products sector and the 0.3% return for the Zacks Metal Products - Procurement and Fabrication industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't mis ...

Conference Call Participants Nathan Jones - Stifel Chris Dankert - Loop Capital ESAB Corporation (NYSE:ESAB) Q3 2023 Earnings Conference Call November 1, 2023 8:00 AM ET Mark Barbalato - Vice President, Investor Relations Your first question today comes from the line of Tami Zakaria from JP Morgan. Your line is open. Shyam Kambeyanda - President, Chief Executive Officer Turning to Slide 7, our EMEA and APAC segments posted an outstanding quarter with total sales growing by 14%, organic sales increased by 90 ...

ESAB Corporation (NYSE:ESAB) Q2 2023 Earnings Conference Call August 1, 2023 8:00 AM ET Company Participants Mark Barbalato - Vice President of Investor Relations Shyam Kambeyanda - President and Chief Executive Officer Kevin Johnson - Chief Financial Officer Conference Call Participants Tami Zakaria - JPMorgan Nathan Jones - Stifel Mircea Dobre - Baird Christopher Dankert - Loop Capital Operator Good morning and welcome to the ESAB Second Quarter 2023 Earnings Release and Conference Call. All lines have be ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (State or other jurisdiction of incorporation or organization) Delaware 87-0923837 (I.R.S. Employer Identification Number) 909 Rose Avenue, 8th Floor North Bethesda, Maryland 20852 (Address of principal ex ...

Full Year 2023 Guidance ■ Reshaping ESAB ■ Acquisition integrations on track Always Improving Positive momentum continues Full Year 2023 Guidance Proprietary & Confidential ESAB Corporation Non-GAAP Reconciliation – 1Q '22 Total and Segments1 Core Adjusted EBITDA $ 44.0 16.2% $ 56.9 17.0% $ 100.9 16.6% Proprietary & Confidential ESAB Corporation Proceeds from the sale of certain properties $ - $ 2.5 Payments related to discontinued operations $ 5.3 $ 4.6 Payments related to the Separation $ 4.4 $ 5.0 Adjust ...