LECO

Lincoln Electric Announces May 2024 Events with the Financial Community

Retrieved on: 
Vendredi, avril 26, 2024
Automotive Manufacturing, Aerospace, Manufacturing, Defense, Other Technology, Contracts, Electronic Design Automation, Technology, Utilities, Oil, Gas, Coal, Alternative Energy, Energy, Other Manufacturing, Steel, Packaging, Nuclear, Engineering, Lincoln, Alloy, Science, LECO, Webcast, Plasma, Lincoln Electric

Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced its participation in the following upcoming events with the financial community in the month of May:

Key Points: 
  • Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced its participation in the following upcoming events with the financial community in the month of May:
    The presentation at the Oppenheimer event will be webcast and can be accessed, along with the replay, on our Investor Relations web site at https://ir.lincolnelectric.com .
  • Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys.
  • Lincoln is recognized as the Welding Expert™ for its leading materials science, software development, automation engineering, and application expertise, which advance customers’ fabrication capabilities to help them build a better world.
  • For more information about Lincoln Electric and its products and services, visit the Company’s website at https://www.lincolnelectric.com .

Lincoln Electric Reports First Quarter 2024 Results

Retrieved on: 
Jeudi, avril 25, 2024
Other Manufacturing, Technology, Steel, Packaging, Contracts, Engineering, Automotive Manufacturing, Aerospace, Manufacturing, Nuclear, Defense, Other Energy, Utilities, Oil, Gas, Machinery, Coal, Machine Tools, Metalworking & Metallurgy, Alternative Energy, Energy, Other Technology, Electronic Design Automation, Automation, LECO, Telephone, Webcast, EPS, Eastern Time Zone

Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported first quarter 2024 net income of $123.4 million, or diluted earnings per share (EPS) of $2.14, which includes special item after-tax net charges of $5.2 million, or $0.09 EPS.

Key Points: 
  • Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported first quarter 2024 net income of $123.4 million, or diluted earnings per share (EPS) of $2.14, which includes special item after-tax net charges of $5.2 million, or $0.09 EPS.
  • Excluding special items, first quarter 2024 adjusted net income was $128.7 million, or $2.23 adjusted EPS.
  • First quarter 2024 sales decreased 5.6% to $981 million reflecting a 6.1% decrease in organic sales.
  • Operating income for the first quarter 2024 was $165 million, or 16.8% of sales, as compared with operating income of $164.4 million, or 15.8% of sales, in the prior year period.

Lincoln Electric Board Declares Dividend

Retrieved on: 
Jeudi, avril 18, 2024
Oil, Gas, Contracts, Coal, Automotive Manufacturing, Electronic Design Automation, Alternative Energy, Energy, Manufacturing, Technology, Defense, Other Manufacturing, Other Technology, Steel, Packaging, Utilities, Engineering, Lincoln, Alloy, Science, LECO, Plasma, Lincoln Electric

Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.71 per common share, payable July 15, 2024, to shareholders of record as of June 30, 2024.

Key Points: 
  • Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.71 per common share, payable July 15, 2024, to shareholders of record as of June 30, 2024.
  • Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys.
  • Lincoln is recognized as the Welding Expert™ for its leading materials science, software development, automation engineering, and application expertise, which advance customers’ fabrication capabilities to help them build a better world.
  • For more information about Lincoln Electric and its products and services, visit the Company’s website at https://www.lincolnelectric.com .

Lincoln Electric Schedules Webcast for First Quarter 2024 Results

Retrieved on: 
Mardi, avril 2, 2024
Other Manufacturing, Technology, Engineering, Other Technology, Manufacturing, Machine Tools, Metalworking & Metallurgy, Hardware, Electronic Design Automation, Robotics, Telephone, Webcast, LECO

Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) announced today that it will release its first quarter 2024 results on Thursday, April 25, 2024, prior to market open.

Key Points: 
  • Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) announced today that it will release its first quarter 2024 results on Thursday, April 25, 2024, prior to market open.
  • An investor conference call and webcast will take place at 10:00 a.m. (ET) later that day.
  • The event is available via webcast in listen-only mode and can be accessed here or on the Company's Investor Relations home page at https://ir.lincolnelectric.com .
  • A replay of the earnings call will be available via webcast on the Company's website .

Lincoln Electric Acquires RedViking®

Retrieved on: 
Lundi, avril 1, 2024
Technology, Engineering, Automotive Manufacturing, Aerospace, Software, Manufacturing, Machinery, Machine Tools, Metalworking & Metallurgy, Electronic Design Automation, Robotics, Transport, LECO, Multimedia, Lincoln Electric, Acquisition, MES, 3D printing

View the full release here: https://www.businesswire.com/news/home/20240401731132/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240401731132/en/
    RedViking specializes in designing high power, high speed, multi-model helicopter transmission test systems for both commercial and military aircraft.
  • RedViking’s flexible machine designs and Vsync control software help customers to optimize testing capability while maximizing capital and facility investment.
  • “We are excited to welcome the RedViking team to Lincoln Electric.
  • The acquisition expands our portfolio of automation solutions and extends our ability to serve customers in the growing aerospace and defense industries,” stated Steven B. Hedlund, Lincoln Electric’s President and Chief Executive Officer.

Lincoln Electric Board Declares Dividend

Retrieved on: 
Mardi, février 20, 2024
Engineering, Plasma, Alloy, Science, Lincoln Electric, Lincoln, LECO

CLEVELAND, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.71 per common share, payable April 15, 2024, to shareholders of record as of March 31, 2024.

Key Points: 
  • CLEVELAND, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.71 per common share, payable April 15, 2024, to shareholders of record as of March 31, 2024.
  • Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys.
  • Lincoln is recognized as the Welding Expert™ for its leading materials science, software development, automation engineering, and application expertise, which advance customers’ fabrication capabilities to help them build a better world.
  • For more information about Lincoln Electric and its products and services, visit the Company’s website at https://www.lincolnelectric.com .

Lincoln Electric Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Jeudi, février 15, 2024
Eastern Time Zone, EPS, Telephone, LECO, Webcast, Public expenditure, Music

Excluding special items, fourth quarter 2023 adjusted net income was $142 million, or $2.45 adjusted EPS.

Key Points: 
  • Excluding special items, fourth quarter 2023 adjusted net income was $142 million, or $2.45 adjusted EPS.
  • Fourth quarter 2023 sales increased 13.7% to $1.1 billion reflecting a 2.6% increase in organic sales, a 9.8% benefit from acquisitions and 1.3% favorable foreign exchange.
  • Operating income for the fourth quarter 2023 was $204 million, or 19.3% of sales.
  • A conference call to discuss fourth quarter and full year 2023 financial results will be webcast live today, February 15, 2024, at 10:00 a.m., Eastern Time.

Lincoln Electric to Present at the Barclays 41st Industrials Select Conference

Retrieved on: 
Mercredi, février 7, 2024
LECO, Barclays, Conference

CLEVELAND, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that Steven B. Hedlund, President and Chief Executive Officer and Gabriel Bruno, Executive Vice President and Chief Financial Officer, will speak at the Barclays 41st Industrials Select Conference being held in Miami on Thursday, February 22, 2024, at 10:55 a.m. Eastern Time.

Key Points: 
  • CLEVELAND, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that Steven B. Hedlund, President and Chief Executive Officer and Gabriel Bruno, Executive Vice President and Chief Financial Officer, will speak at the Barclays 41st Industrials Select Conference being held in Miami on Thursday, February 22, 2024, at 10:55 a.m. Eastern Time.
  • The presentation will be webcast and can be accessed on our Investor Relations web site at https://ir.lincolnelectric.com .
  • A replay will also be accessible on our Investor Relations web site.

Lincoln Electric Schedules 2024 Virtual Annual Meeting of Shareholders

Retrieved on: 
Lundi, janvier 15, 2024
Annual general meeting, LECO, Eastern Time Zone, Shareholder

CLEVELAND, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today announced that the Company’s 2024 Annual Meeting of Shareholders will be held as a virtual meeting on Friday, April 19, 2024, at 11:00 a.m., Eastern Time.

Key Points: 

CLEVELAND, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today announced that the Company’s 2024 Annual Meeting of Shareholders will be held as a virtual meeting on Friday, April 19, 2024, at 11:00 a.m., Eastern Time.

Lincoln Electric Reports Third Quarter 2023 Results

Retrieved on: 
Vendredi, octobre 27, 2023
Public expenditure, Telephone, EPS, Carlisle Companies, LECO, Eastern Time Zone, Webcast, PIN, Acceleration, Automation, Renting, Music

CLEVELAND, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported third quarter 2023 net income of $129.3 million, or diluted earnings per share (EPS) of $2.22, which includes special item after-tax net charges of $10.1 million, or $0.18 EPS. This compares with prior year period net income of $109.2 million, or $1.87 EPS, which included special item after-tax net charges of $10.3 million. Excluding special items, third quarter 2023 adjusted net income was $139.5 million, or $2.40 adjusted EPS. This compares with adjusted net income of $119.6 million, or $2.04 adjusted EPS, in the prior year period.

Key Points: 
  • CLEVELAND, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported third quarter 2023 net income of $129.3 million, or diluted earnings per share (EPS) of $2.22, which includes special item after-tax net charges of $10.1 million, or $0.18 EPS.
  • Excluding special items, third quarter 2023 adjusted net income was $139.5 million, or $2.40 adjusted EPS.
  • Operating income for the third quarter 2023 was $171.4 million, or 16.6% of sales.
  • A conference call to discuss third quarter 2023 financial results will be webcast live today, October 27, 2023, at 10:00 a.m., Eastern Time.