Hubbell Inc. reported its second quarter 2025 financial results, highlighting a robust performance driven by organic growth and margin expansion. The company achieved a free cash flow of $221 million during this period, up from $206 million in the comparable quarter of 2024. In the Utility Solutions segment, Grid Infrastructure experienced a 7% organic growth, fueled by strong demand for substation and transmission products. However, Grid Automation sales declined in double digits due to weak activity in meters and AMI projects. The Electrical Solutions segment saw a 4% organic growth, supported by the strength in datacenter markets. Hubbell provided guidance for the full year 2025, anticipating diluted earnings per share $(EPS)$ in the range of $16.25-$16.75 and adjusted diluted earnings per share (Adjusted EPS) between $17.65-$18.15. The adjusted EPS excludes amortization of acquisition-related intangible assets, expected to be around $1.40 per share for the year. The company projects total sales growth and organic net sales growth of 4-6% for 2025, based on an adjusted tax rate of 22.0% to 22.5%, including approximately $20 million for restructuring and related investments. Additionally, Hubbell expects a free cash flow conversion of about 90% on adjusted net income for the entire year.
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