01
Concierge production
Our team crafts your first report end-to-end. You provide the PDF and source materials; we deliver a complete interactive experience, reviewed against your brand guidelines and legal requirements.
For investor relations teams
Annual reports shareholders actually finish.
Informance turns your annual report into a scroll-driven experience. It also measures whether it’s read. Concierge production, engagement analytics, workflow that fits yours.
Meridian Industries
2025 Annual Report
Letter from the Chief Executive Officer
To our shareholders, employees, and partners: fiscal 2025 marked a year of disciplined execution across our industrial platform. Revenue grew 6.2% to $4.81 billion, operating margin expanded 110 basis points, and free cash flow conversion exceeded 98% for the fourth consecutive year.
Our Precision Components segment benefited from sustained demand in commercial aerospace and power generation, offset modestly by softness in off-highway equipment. We completed the Hartley Pneumatics acquisition in Q2 and began integration on schedule.
Capital allocation remained focused: $312 million returned to shareholders via dividends and repurchases, $184 million deployed in organic growth investments, and $97 million in bolt-on M&A. Net leverage closed the year at 1.6x.
Looking to fiscal 2026, we expect continued share gain in Precision Components, accelerating contribution from our Industrial Automation product line, and stable commodity pass-through across the portfolio. We reaffirm our long-term algorithm of mid-single-digit organic growth, 50–75 bps annual margin expansion, and high-teens return on invested capital.
Meridian Industries, Inc.
— 4 —
Meridian Industries · 2025
A year of disciplined execution.
Revenue grew 6.2% to $4.81B. Operating margin expanded 110 bps. Free cash flow conversion exceeded 98% for the fourth consecutive year.
$4.81B
Revenue
+110bps
Op. margin
98%
FCF conv.
Revenue, FY17–FY25
$ billions
PDF annual report
Informance
Most annual reports are read by almost no one.
A typical 120-page PDF earns a median session of under 90 seconds. A year of work goes largely unread: the CEO’s letter, the strategy, the disclosures.
The format, not the substance, is the problem. Shareholders read on phones and laptops, not at desks with a printed document. (Illustrative.)
A different kind of annual report.
02
Engagement analytics
Time-on-page, scroll depth, and completion rate by section. For the first time, you can show your CFO exactly how your annual report performed.
03
Workflow fit
We deliver after your PDF is final. No change to your legal review process, no disruption to your agency relationships, no new software for your team to learn.
Straightforward pricing.
Flagship
$18,000 · one-time
Your annual report transformed end-to-end by our team. Includes engagement dashboard for 12 months.
- — End-to-end concierge production
- — Brand and legal review
- — 12 months of engagement analytics
Ongoing
$2,500 /month
Unlimited documents. Priority production for earnings narratives and shareholder letters. Full platform access for your IR team.
- — Unlimited documents
- — Priority production queue
- — Full platform access
Enterprise — custom pricing for multi-entity, IPO, and spin-off use cases. Contact us →
Frequently asked.
How long does a flagship engagement take?
Four to six weeks from kickoff to published story, running parallel to your PDF production.
How does this fit with our existing annual report agency?
Informance delivers after your PDF is final. Your agency’s design, copy, and print production are unchanged.
Is the output accessible and SEC-compliant?
Yes. WCAG 2.1 AA accessibility, all required disclosures preserved, non-GAAP reconciliations linked.
Who owns the data and analytics?
You do. Engagement data is yours, exportable at any time, never shared or sold.
What does the engagement dashboard show?
Unique readers, time-on-page by section, scroll depth, completion rate, device breakdown. Delivered as a monthly PDF and a live link.
See what your next annual report could look like.
A 20-minute conversation is enough to scope a flagship engagement.