CECO Environmental lifts FY26 orders outlook to more than USD 1.5 billion

Reuters03-12

CECO Environmental lifts FY26 orders outlook to more than USD 1.5 billion

CECO raised its full-year 2026 orders outlook to more than 1.5 billion, excluding the pending Thermon transaction. The company said this implies a book-to-bill ratio above 1.5 and is about 50% higher than 2025. CECO also said its sales pipeline exceeds 6.5 billion. For the Thermon deal, CECO expects at least 40 million of run-rate cost synergies by year three and said the transaction is expected to close in mid-2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CECO Environmental Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603120700PRIMZONEFULLFEED9670673) on March 12, 2026, and is solely responsible for the information contained therein.

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