Financial Performance - Fourth quarter 2024 sales reached $258.4 million, a 3.7% increase year-over-year, while full year sales totaled $1.05 billion, down 1.0%[4][15] - GAAP net income from continuing operations for Q4 2024 was $13.9 million, compared to a loss of $4.9 million in the prior year, and full year net income increased to $72.9 million from $10.8 million[4][17] - Adjusted EBITDA for Q4 2024 was $58.2 million, a 24.1% increase from $46.9 million last year, with full year adjusted EBITDA rising 7.1% to $254.8 million[4][10][18] - Diluted earnings per share from continuing operations for Q4 2024 improved to $0.66, compared to a diluted loss per share of $0.23 in the prior year, while full year diluted earnings per share increased to $3.45 from $0.51[4][17] - Net income attributable to Enpro Inc. for 2024 was $72.9 million, up from $22.2 million in 2023, marking a 228.8% increase[33] - Basic earnings per share for continuing operations were $3.48 in 2024, compared to $0.52 in 2023, indicating a substantial increase[33] - Adjusted income from continuing operations attributable to Enpro Inc. for Q4 2024 was $33.2 million, or $1.57 per diluted share, compared to $25.0 million, or $1.19 per diluted share in Q4 2023[48] - Adjusted income from continuing operations attributable to Enpro Inc. was $146.9 million for 2024, with diluted earnings per share of $6.96, up from $137.0 million and $6.54 in 2023[49] Sales and Segment Performance - Strong performance in Sealing Technologies contributed to Q4 sales growth, with a 10.9% increase in segment sales to $163.0 million[12] - Advanced Surface Technologies segment sales decreased by 6.4% in Q4 2024, totaling $95.6 million, reflecting ongoing challenges in semiconductor capital equipment spending[14][18] - Sales for Sealing Technologies increased to $163.0 million in Q4 2024, up 10.9% from $147.0 million in Q4 2023[39] - Advanced Surface Technologies reported sales of $95.6 million in Q4 2024, a decrease of 6.4% from $102.1 million in Q4 2023[39] - Total sales for Enpro Inc. reached $258.4 million in Q4 2024, compared to $249.1 million in Q4 2023, reflecting a growth of 3.7%[39] Cash Flow and Financial Position - The company generated $162.9 million in cash flow from continuing operations in 2024, with free cash flow of $130.0 million after capital expenditures[19] - Enpro ended 2024 with cash of $236.3 million and $390 million available under its revolving credit facility, resulting in a net leverage ratio of approximately 1.6x[20] - Cash and cash equivalents decreased to $236.3 million in 2024 from $369.8 million in 2023, a decline of 36.0%[37] - The company reported a net cash provided by operating activities of $162.9 million for 2024, down from $208.4 million in 2023[35] - Enpro's total liabilities decreased to $1,062.9 million in 2024 from $1,071.9 million in 2023, a reduction of 0.8%[37] Guidance and Future Outlook - The company introduced 2025 guidance, expecting revenue growth in the low to mid-single-digit range, adjusted EBITDA between $262 million and $277 million, and adjusted diluted earnings per share of $7.00 to $7.70[4][22] - The company is focused on expanding its presence in semiconductor and life sciences markets, with ongoing investments in new technologies and facilities[29] Operational Efficiency - Gross profit for the year ended December 31, 2024, was $444.8 million, compared to $426.8 million in 2023, reflecting a 4.7% increase[33] - Operating income for the year increased significantly to $142.3 million from $76.8 million in 2023, representing an 85.5% growth[33] - Corporate expenses for the year ended December 31, 2024, totaled $46.4 million, down from $51.1 million in 2023[42] - Adjusted EBITDA for the year ended December 31, 2024, was $254.8 million, an increase from $238.0 million in 2023, indicating a growth of approximately 7.2%[54] - Free cash flow for the year ended December 31, 2024, was $130.0 million, down from $174.1 million in 2023, reflecting a decrease of about 25.4%[55] Environmental and Acquisition Expenses - The company incurred acquisition expenses of $4.3 million in 2024, compared to $1.1 million in 2023, indicating increased investment in growth initiatives[49] - Environmental reserve adjustments amounted to $5.7 million in 2024, up from $2.9 million in 2023, highlighting a focus on environmental liabilities[54] Depreciation and Tax Management - Depreciation and amortization expense increased to $100.3 million in 2024 from $94.5 million in 2023, reflecting ongoing capital investments[54] - The effective tax rate used for adjusted income tax expense was normalized at 25.0%, providing a clearer view of the company's tax obligations[52]

Financial Data and Key Metrics Changes - Third quarter sales reached $260.9 million, a 4% increase year-over-year, with organic sales slightly up [19] - Adjusted EBITDA for the third quarter was $64.1 million, an 11% increase compared to the prior year [19] - Adjusted EBITDA margin expanded by 160 basis points to 24.6%, driven by strong performance in Sealing Technologies [20] Business Line Data and Key Metrics Changes - Sealing Technologies segment sales were $169 million, up 4.5% year-over-year, with aftermarket sales comprising 63% of total segment revenue [22][24] - Advanced Surface Technologies (AST) segment sales increased by 3.5% year-over-year to $92.5 million, but adjusted segment EBITDA margin decreased by 80 basis points to 20.8% [14][28] Market Data and Key Metrics Changes - Demand for semiconductor capital equipment remains choppy, impacting AST segment performance [16][27] - Commercial vehicle OEM sales in Sealing Technologies experienced steep declines, affecting overall segment performance [10][34] Company Strategy and Development Direction - The company aims for mid-single-digit revenue growth in Sealing Technologies and high single-digit growth in AST [7] - Continuous improvement initiatives and strategic investments in organic growth are key focuses for long-term profitability [13][31] Management Comments on Operating Environment and Future Outlook - Management noted persistent softness in more than half of served markets, but emphasized the stability provided by aftermarket solutions [6] - The outlook for 2024 has been adjusted to reflect slower sales, particularly in AST and commercial vehicle OEMs [34][36] Other Important Information - Free cash flow year-to-date was approximately $83 million, down from $134 million last year, with expectations to exceed $110 million for the year [30][31] - The company renewed a $50 million share repurchase authorization [33] Q&A Session Summary Question: Semiconductor demand outlook for 2025 - Management described the current demand profile as choppy, with customers being cautious and engaging in destocking [42][44] Question: Size and impact of nuclear business - Nuclear business accounts for about 7% of sales, providing steady but not transformative growth [46][48] Question: Margin softening in AST - Increased spending for growth initiatives and qualification processes are contributing to margin pressures [52][56] Question: Expected revenue generation from Arizona operations - Meaningful revenue generation is expected to ramp up around mid-2025, with full ramp anticipated in 2026 [58] Question: AMI integration and M&A pipeline - The AMI acquisition has been successful, and the company is actively exploring new M&A opportunities [81][84]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ FORM 10-Q _________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-31225 _________________________________________ ENPRO INC. (Exact name of reg ...

Enpro (NPO) came out with quarterly earnings of $1.74 per share, missing the Zacks Consensus Estimate of $1.93 per share. This compares to earnings of $1.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -9.84%. A quarter ago, it was expected that this industrial products maker would post earnings of $1.85 per share when it actually produced earnings of $2.08, delivering a surprise of 12.43%.Over the last four quarters, the c ...

Exhibit 99.1 News Release Enpro Reports Third Quarter 2024 Results Updates Guidance for Full Year 2024 Third Quarter 2024 Highlights (All results reflect comparisons to prior-year period, from continuing operations, unless otherwise noted) (*Non-GAAP measure. See the attached schedules for adjustments and reconciliations of historical measures to GAAP measures) • Sales of $260.9 million up 4.1%; organic sales up 0.9% • GAAP income from continuing operations attributable to Enpro Inc., net of tax of $19.8 mi ...

| --- | --- | --- | --- | --- | |-------|----------------|-------------------------------|-------|-------| | | | | | | | | Second | Quarter 2024 Earnings Review | | | | | August 6, 2024 | | | | Forward-Looking Statements Statements in this presentation that express a belief, expectation or intention, including the 2024 guidance and other statements that are not historical fact, are forward-looking statements under the Private Securities Litigation Reform Act of 1995. They involve a number of risks and uncer ...

Financial Data and Key Metrics Changes - Sales for Q2 2024 were $271.9 million, a decrease of 1.8% compared to the prior year, with organic sales declining by 5% primarily due to lower results in the Advanced Surface Technologies (AST) segment [8][10] - Adjusted EBITDA for Q2 2024 was $74 million, an increase of 14% year-over-year, with an adjusted EBITDA margin of 27.2%, up 380 basis points [9][10] - Adjusted diluted earnings per share were $2.08, an increase of almost 14% year-over-year [10] Business Line Performance Changes - In the Sealing Technologies segment, sales were $184 million, an increase of over 4%, with adjusted segment EBITDA margin exceeding 35% [10][11] - The Advanced Surface Technologies segment saw sales of $88.1 million, down approximately 12% year-over-year, but adjusted segment EBITDA margins improved to 21.7%, up 160 basis points sequentially [7][13] Market Performance Changes - The semiconductor market remains soft, particularly for semiconductor capital equipment, but there are signs of recovery in certain areas [5][12] - Demand in food and pharma increased during Q2, although it remains choppy, especially in Europe [6] Company Strategy and Industry Competition - The company is focused on executing a multi-year strategy to drive growth in AST's attractive markets through capacity expansions and efficiency improvements [7][18] - The company continues to pursue strategic opportunities in adjacent markets that build upon core competencies [6] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the Sealing Technologies segment's performance and outlook, citing strong profitability despite soft demand in some markets [4][19] - The company narrowed its full-year 2024 earnings guidance, now expecting total sales to be approximately flat compared to 2023, primarily due to the expected recovery in semiconductor capital equipment being delayed [16][18] Other Important Information - The balance sheet remains strong, with a net leverage ratio of approximately two times trailing 12-month adjusted EBITDA [14] - Free cash flow in the first half of 2024 was $35.5 million, down from $66.5 million last year, but the company expects free cash flow to exceed $100 million for the year [15] Q&A Session Summary Question: Sustainability of Sealing Margins - Management indicated that they expect to maintain pricing and have seen supply chain savings, with a shift in mix from OEM to aftermarket sales supporting margins [21][22] Question: Contribution of New Products - New products like Auto-Torq are contributing incrementally but are not yet material [23][24] Question: Trends in AST - Management noted that the cleaning business is performing well, with gradual recovery in coatings and refurbishment solutions [33] Question: Capital Expenditures - The expected capital expenditures of approximately $60 million may see some spending pushed into 2025 due to timing and supply chain issues [42]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ FORM 10-Q _________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-31225 _________________________________________ ENPRO INC. (Exact name of registra ...

Enpro (NPO) came out with quarterly earnings of $2.08 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $1.83 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 12.43%. A quarter ago, it was expected that this industrial products maker would post earnings of $1.54 per share when it actually produced earnings of $1.57, delivering a surprise of 1.95%. Over the last four quarters, the c ...

Exhibit 99.1 News Release Enpro Reports Second Quarter 2024 Results Reports Strong Quarter; Narrows Earnings Guidance Range for Full Year 2024 Second Quarter 2024 Highlights (All results reflect comparisons to prior-year period, from continuing operations, unless otherwise noted) (*Non-GAAP measure. See the attached schedules for adjustments and reconciliations of historical measures to GAAP measures) • Sales of $271.9 million down 1.8%; organic sales down 5.0% • GAAP income from continuing operations attri ...