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Posted by
Two Blokes May 10 -
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Stock
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Powell Industries shows moderating topline growth due to declines in petrochemical and oil & gas sectors, but strong performance in utilities and commercial sectors supports steady growth. Strong demand in utility and data center markets, robust $1.3 billion backlog, coupled with improved operational efficiency, is expected to support topline and margins growth in FY25. Continued investment in R&D and new product launches, along with expanded manufacturing capacity, is expected to fuel long-term growth and market share gains.
