Alan Lutz's questions to Owens & Minor Inc (OMI) leadership • Q2 2025
Question
Alan Lutz of Bank of America inquired about the strategic learnings from the terminated RoTEK acquisition and how they will inform future M&A. He also asked about the expected step-down in EBITDA margins in the second half of the year.
Answer
President & CEO Edward A. Pesicka stated that future M&A will focus on smaller, bolt-on deals while the company prioritizes debt reduction. EVP & CFO Jon Leon clarified that the anticipated second-half EBITDA margin decline is '100% related' to an expected increase in stranded costs, assuming a near-term announcement of the PNHS divestiture.