ESAB signals 2026 adjusted EPS of $5.28-$5.33 while targeting net leverage in the mid-2s by end of 2027
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Scotiabank’s FX strategists note the Pound rising about 0.4% intraday against the US Dollar, with UK PMI revisions having little impact. Market focus shifts to the Bank of England decision, where a 25bp hike is largely priced and further tightening expected.