Management of Crane NXT Co, a maker of industrial-technology products including ones for the gaming sector, says the company expects to achieve sales of about US$1.60 billion, the majority from its Crane Payment Innovations (CPI) business.
If achieved, the US$1.60-billion figure would represent a year-on-year increase of circa 7.4 percent from the US$1.49 billion in sales reported for full-year 2024.
The figure was included in a presentation made by Crane NXT’s president and chief executive, Aaron Saak, and senior vice president and chief financial officer, Christina Cristiano, at the Oppenheimer 28th Annual Technology, Internet & Communications Conference this week.
The firm said it anticipates the CPI business to generate sales of US$860 million this year, while sales in the security and authentication technologies business should top US$735 million.
Crane NXT reported net sales of US$404.4 million for the second quarter of 2025, up 9.1 percent from a year earlier. For the first six months of 2025, net sales reached US$734.7 million, a 7.4-percent increase from the prior-year period.
Earlier this year Crane NXT increased its full-year 2025 sales growth guidance to a range of 6 percent to 8 percent, following the acquisition of De La Rue Authentication Solutions.
In May last year, Crane NXT completed the US$270-million acquisition of OpSec Security Group Ltd, a provider of brand protection and authentication services.
