Achieved full-year sales growth for the first time in three years by transitioning to a customer-centric 'hunter' sales model and accelerating product launch cadences.

Optimized the portfolio by divesting Custom Fluid Power (CFP) to exit lower-margin distribution and refocus on core high-value manufacturing of manifolds and integrated packages.

Expanded gross margins for four consecutive quarters through improved volume absorption, productivity initiatives, and the removal of the margin-dilutive CFP business.

Overcame contraction in U.S. Industrial Production and PMI by capturing greater wallet share from existing customers with ruggedized, niche-application solutions.

Reallocated engineering resources from a centralized model back into core business units to improve responsiveness and institutionalize innovation processes.

Fortified the leadership team with permanent appointments in CEO, CFO, and segment president roles to drive a predictable, performance-driven culture.

Guidance for 2026 assumes 6% pro forma revenue growth at the midpoint, primarily driven by volume gains in core platforms and the ramp-up of recent commercial wins.

Expects stronger year-over-year growth rates in the first half of 2026 due to favorable comparisons and current visibility into customer order flows.

Management anticipates reaching mid-30% gross margins by leveraging existing capacity without adding significant new overhead or infrastructure.

Capital allocation will prioritize debt reduction and organic investment, with CapEx projected to rise slightly to address deferred equipment projects and automation.

The CORE 2030 strategy, to be unveiled in March, will outline the next chapter of growth, focusing on new market adjacencies and institutionalized innovation.

The 2025 operating income was impacted by a non-recurring goodwill impairment charge related to iPROD product development in the third quarter.

Net interest expense in Q4 benefited from a one-time $5.4 million gain related to a maturing interest rate swap from a 2024 refinancing.

Management flagged potential supply chain risks for 2026, specifically regarding the availability and cost of memory chips as manufacturers shift to high-end components.

Global tariff uncertainty remains a headwind, though the company aims to mitigate impacts through its 'in the region for the region' manufacturing strategy and pricing surcharges.

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.

Management noted that while the first half has high visibility, the second half faces tougher comparisons and global uncertainties in the Middle East and chip supply.

Confidence in the top end of the guidance range is tied to sustaining the 10-month trend of increasing year-over-year orders.

Growth in agriculture is currently driven by channel destocking and healthier distributor inventory levels rather than a robust rebound in retail demand.

The Electronics segment is benefiting from a specific recreational customer taking significant market share, helping offset broader consumer market softness.

The company achieved a net debt to EBITDA ratio of 1.8x, surpassing its target of 2.0x, and will continue prioritizing debt paydown in the short term.

Share repurchases will remain a component of the capital return strategy alongside the 28-year history of consecutive quarterly dividends.

One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here.