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Helios Technologies Highlights Balboa Water Group's Role in Hanscraft SP-116
Helios Technologies highlights the role of its operating company, Balboa Water Group, in the newly unveiled Hanscraft SP-116, a luxury spa designed by Studio F. A. Porsche.
Helios Technologies Partners with C-MAP to Integrate Navigation Platform
Helios Technologies announced a partnership between its operating company, Enovation Controls, and C-MAP to integrate C-MAP's X charting marine cartography platform into Enovation Controls' No Roads off-highway navigation platform. Through the partnership, C-MAP charting will be integrated into compatible Enovation Controls displays and the No Roads mobile application, extending the navigation experience beyond the helm.
Helios Technologies Secures Multi-Year Contract with Indian Motorcycle
Helios Technologies announced that it has been awarded a multi-year contract to provide advanced electronics solutions to Indian Motorcycle. In connection with the new relationship, Helios' operating company, Enovation Controls, has acquired certain assets of Radio Sound, including intellectual property and technology capabilities that will support this new business and provide Helios with opportunities to expand its electronics solutions across its broader customer base. "This is exactly the type of strategic win we envisioned when we laid out The CORE Strategy at our Investor Day," said Sean Bagan, President & Chief Executive Officer of Helios. "We are expanding the offerings of our Electronics segment, increasing the value we can provide to an important returning customer, and adding differentiated technology and intellectual property that can be leveraged across our broader customer base. This relationship demonstrates how our customer-centric approach to innovation can help us win back customers, capture greater wallet share with existing customers, and expand our addressable opportunities across core and adjacent end markets."
Helios Technologies Expands No Roads Platform to Include Apple CarPlay and Android Auto
Helios Technologies' Electronics segment has expanded its No Roads platform with Apple CarPlay and Android Auto capabilities, bringing familiar digital experiences to applications beyond the roadway.
Helios Reports Q2 Revenue of $232M, Exceeding Expectations
Reports Q2 revenue $232M, consensus $230.59M. "We extended the momentum we built to start the year and delivered another strong quarter, with second quarter sales at the high end of our guidance range and adjusted earnings exceeding the top end of our guidance. This marks our fourth consecutive quarter of double-digit pro-forma sales and order intake growth, demonstrating that the strategic actions we've taken over the past two years are translating into sustained operating and financial performance. Our continued margin expansion is an outcome of our volume outperformance, innovative products, and operating leverage gains. The commercial success reflects both the investments we've made in customer-facing capabilities and the product portfolio across our operating companies. We generated record second quarter and first half operating cash flow, have debt and leverage levels at multi-year lows, and returned incremental capital to shareholders through our long-standing dividend and ongoing share repurchases," said Sean Bagan, President & Chief Executive Officer of Helios.
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