Boiler products firm Burnham Holdings' Q3 net sales up on portfolio adjustments

Reuters
Oct 24, 2025
Boiler products firm Burnham Holdings' Q3 net sales up on portfolio adjustments

Overview

  • Burnham Holdings Q3 net sales rise 5.3% yr/yr to $58.3 mln

  • Adjusted EBITDA for Q3 2025 increases to $2.9 mln

  • Company to transfer $90 mln pension obligations to third-party insurer

Outlook

  • Company expects a non-cash pre-tax non-operating pension settlement charge of $20.8 mln in Q4

  • Burnham Holdings emphasizes strategic portfolio adjustments for long-term growth

  • Company plans to enhance product integration and streamline operations

Result Drivers

  • PORTFOLIO ADJUSTMENTS - Strategic portfolio adjustments strengthened core boiler business and expanded high-growth service offerings

  • OPERATIONAL EFFICIENCIES - Increased gross profit margin attributed to continued operational efficiencies in commercial businesses

  • SG&A INVESTMENT - SG&A expenses rose to support planned initiatives for long-term growth

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Sales

$58.3 mln

Q3 EPS

$0.34

Q3 Net Income

$1.6 mln

Press Release: ID:nPn6Gn39Fa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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