The company faces risks from general economic conditions, supply chain constraints, labor shortages, inflation, natural disasters, war, public health crises, changes in customer demand, competition, new product development, legal compliance, litigation, interest rate fluctuations, and capital allocation changes. Acquisitions and integration of acquired businesses also pose risks. Uncertain tax positions and ongoing audits are also noted.
Financial Upside
The company's revenue increased slightly in Q3 2024, driven by acquisitions and favorable pricing. Bookings also increased. Significant gains from the sale of De-Sta-Co and the Environmental Solutions Group (ESG) business are reported, though the exact amounts are not yet finalized. The company has a strong financial position with sufficient liquidity and access to capital markets.
