Hubbell Inc.

Strong Q1 Performance: Hubbell reported Q1 2025 revenues of $1.365 billion, driven by robust performance in the Electrical Solutions segment (mid-single-digit growth) and a recovery in grid infrastructure. However, grid automation faced a decline due to challenging year-over-year comparisons.

Margin Pressures: Adjusted operating profit decreased to $264 million, with a margin contraction of 40 basis points due to $10 million in price and productivity headwinds from increased raw material costs and tariffs. The company anticipates some margin recovery in the second half of the year as price increases take effect.

Guidance Maintained: Hubbell retained its full-year 2025 adjusted EPS outlook of 6% to 8% organic growth, with 3% to 4% expected from volume and the same from price. The company highlights confidence in mitigating recent cost inflation impacts through price increases and productivity initiatives.