Loar Holdings reports Q1 net sales $91.8M vs. $74.2M last year

“We began the year with solid momentum, reporting a quarterly record in net sales and Adjusted EBITDA, stated Dirkson Charles, Loar CEO and Executive Co-Chairman of the Board of Directors. Adjusted EBITDA margins were strong at 36%, even after giving effect to the temporary margin dilution from the two acquisitions completed in the second half of 2023 and the continued build out of our infrastructure to meet our reporting, governance, and control needs as a public company.”