Atkore's Q2: Strong Sales, Strategic Moves

Atkores Q2 results are impressive, with net sales at $731 million, adjusted EBITDA at $81 million, and EPS at $1.23, all up from Q1. Organic volumes surged 5% YoY, driven by electrical and systems integration segments. Divestitures like HDPE and Belgiums surface protection unit, along with non-core sales, have streamlined operations. Execs are bullish on market demand, particularly data centers and solar. Atkore expects mid-single-digit volume growth for the year, with net sales guidance of $2.9-2.95 billion, adjusted EBITDA of $340-360 million, and EPS of $5.05-5.15. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ae60da8d82d9aec1