Landis shares fall as H1 results miss expectations By Investing.com
Update: 2025-10-28
Description
Landis' shares plummeted 2.5% after a lackluster earnings report, with sales and EBITDA falling short of expectations. The company reported a net loss of $189 million, largely due to a $200 million loss from discontinued operations. Despite a free cash flow improvement and a new high in backlog, sales in the Americas and Asia-Pacific regions declined. Landis announced a strategic shift, moving its EMEA business into discontinued operations and launching a share buyback program. The company provided new guidance for continuing operations, projecting net sales growth of 5-8% and an EBITDA margin of 13-14.5% for the second half of the year.
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