DONALDSON COMPANY, INC.


Associated tags: Cleaner, Small business, Filtration, DCI, OEM, Manufacturing, Donaldson Company, NYSE, Other Manufacturing, Engineering, Donaldson, Machinery, Automotive Manufacturing

Locations: CHICAGO, ILLINOIS, NORTH CAROLINA, ITALY, UNITED STATES, NORTH AMERICA, MINNESOTA, DONALDSON, EUROPE

Donaldson Announces Integrated Lentiviral Vector Manufacturing Platform Development

Retrieved on: 
Wednesday, May 8, 2024

Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, announced its Isolere Bio (Isolere) and Univercells Technologies businesses are developing an integrated upstream and downstream platform for viral vector manufacturing.

Key Points: 
  • Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, announced its Isolere Bio (Isolere) and Univercells Technologies businesses are developing an integrated upstream and downstream platform for viral vector manufacturing.
  • The first phase will focus on lentivirus (LV) manufacturing, concentrating on improving recoveries with a scalable process while keeping the manufacturing footprint small.
  • “This manufacturing platform promises to establish a solution that accelerates process development timelines and reduces manufacturing complexity in the production of accessible cell and gene therapies worldwide,” said Andrew Dahlgren, Donaldson Life Sciences president.
  • Mathias Garny, Univercells Technologies’ general manager, said, “scale-X technology is a demonstrated bioreactor platform for rapid process development and scale-up of virus manufacturing.

Donaldson Company to Present at the Oppenheimer 19th Annual Industrial Growth Conference

Retrieved on: 
Thursday, May 2, 2024

Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Scott Robinson, chief financial officer will present at the Oppenheimer 19th Annual Industrial Growth Conference on Monday, May 6, 2024, beginning at 12:00 p.m.

Key Points: 
  • Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Scott Robinson, chief financial officer will present at the Oppenheimer 19th Annual Industrial Growth Conference on Monday, May 6, 2024, beginning at 12:00 p.m.
  • ET.
  • To listen to a live webcast of the presentation, visit the “Events & Presentations” section of Donaldson’s Investor Relations website at IR.Donaldson.com and click on the “listen to webcast” option.
  • The webcast replay will be available within the “Events & Presentations” section of Donaldson’s Investor Relations website for approximately 90 days following the event.

Donaldson to Webcast Third Quarter Fiscal 2024 Earnings Conference Call

Retrieved on: 
Wednesday, May 1, 2024

Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, will webcast its third quarter 2024 earnings conference call on Tuesday, June 4, 2024, at 9:00 a.m. CT.

Key Points: 
  • Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, will webcast its third quarter 2024 earnings conference call on Tuesday, June 4, 2024, at 9:00 a.m. CT.
    To listen to a live webcast of the call, visit the “Events & Presentations” section of Donaldson’s Investor Relations website at IR.Donaldson.com and click on the “listen to webcast” option.
  • The webcast replay will be available within the “Events & Presentations” section of Donaldson’s Investor Relations website beginning at approximately 12:00 p.m. CT on Tuesday, June 4, 2024.

Donaldson Enters into Agreement to Acquire Minority Stake in Medica, S.p.A.

Retrieved on: 
Monday, April 29, 2024

Headquartered in Medolla, Italy, the Company has over 700 employees globally and generated €80 million of revenue in calendar 2023.

Key Points: 
  • Headquartered in Medolla, Italy, the Company has over 700 employees globally and generated €80 million of revenue in calendar 2023.
  • Upon positive outcome of the tender offer, Donaldson will acquire a 49% stake of Medica with the option to acquire the remaining 51% stake in the future.
  • Upon closing, the ratable share of Medica’s earnings would be included as a part of the Donaldson Life Sciences segment.
  • The results presented herein are preliminary, unaudited and subject to revision until Donaldson files its results with the United States Securities and Exchange Commission on Form 10-Q.

Donaldson Company Releases Fiscal Year 2023 Sustainability Report

Retrieved on: 
Tuesday, April 16, 2024

Donaldson Company, Inc. (NYSE:DCI), a leading worldwide manufacturer of innovative filtration products and solutions, today published its fiscal 2023 Sustainability Report.

Key Points: 
  • Donaldson Company, Inc. (NYSE:DCI), a leading worldwide manufacturer of innovative filtration products and solutions, today published its fiscal 2023 Sustainability Report.
  • The following are Donaldson’s 2030 Ambitions and fiscal year 2023 accomplishments:
    GHG Gas Emissions: Targeting an absolute reduction of its Scope 1 and 2 GHG gas emissions by 42% by the end of fiscal year 2030 from a fiscal year 2021 baseline.
  • As Donaldson’s sustainability efforts evolve, the Company will continue to leverage its technology and expertise to help customers face their own sustainability challenges.
  • Learn more about Donaldson’s Sustainability strategy and read its fiscal year 2023 Sustainability Report at www.Donaldson.com .

Donaldson Reports Record Second Quarter Fiscal Year 2024 Sales and Earnings

Retrieved on: 
Wednesday, February 28, 2024

On-Road sales decreased 3.0% and Off-Road sales decreased 13.4% due to lower global equipment production and weakness in agriculture markets.

Key Points: 
  • On-Road sales decreased 3.0% and Off-Road sales decreased 13.4% due to lower global equipment production and weakness in agriculture markets.
  • Industrial Filtration Solutions (IFS) sales grew 6.0% as a result of robust dust collection and Power Generation sales.
  • Life Sciences segment (Life Sciences) sales increased 6.0% as Disk Drive sales rebounded from weak prior year market conditions.
  • Second quarter 2023 adjusted operating expenses as a percentage of sales, which exclude restructuring and other charges, were 19.3%.

Donaldson Company to Present at the Citi 2024 Global Industrial Tech and Mobility Conference

Retrieved on: 
Friday, February 16, 2024

Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Tod Carpenter, chairman, president, and chief executive officer will present at the Citi 2024 Global Industrial Tech and Mobility Conference in Miami, Florida on Tuesday, February 20, beginning at 7:10 a.m.

Key Points: 
  • Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Tod Carpenter, chairman, president, and chief executive officer will present at the Citi 2024 Global Industrial Tech and Mobility Conference in Miami, Florida on Tuesday, February 20, beginning at 7:10 a.m.
  • ET.
  • To listen to a live webcast of the presentations, visit the “Events & Presentations” section of Donaldson’s Investor Relations website at IR.Donaldson.com and click on the “listen to webcast” option.
  • The webcast replays will be available within the “Events & Presentations” section of Donaldson’s Investor Relations website for approximately 90 days following the event.

Donaldson to Webcast Second Quarter Fiscal 2024 Earnings Conference Call

Retrieved on: 
Thursday, February 1, 2024

Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, will webcast its second quarter 2024 earnings conference call on Wednesday, February 28, 2024, at 9:00 a.m. CT.

Key Points: 
  • Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, will webcast its second quarter 2024 earnings conference call on Wednesday, February 28, 2024, at 9:00 a.m. CT.
    To listen to a live webcast of the call, visit the “Events & Presentations” section of Donaldson’s Investor Relations website at IR.Donaldson.com and click on the “listen to webcast” option.
  • The webcast replay will be available within the “Events & Presentations” section of Donaldson’s Investor Relations website beginning at approximately 12:00 p.m. CT on Wednesday, February 28, 2024.

Donaldson Company Declares Quarterly Cash Dividend

Retrieved on: 
Thursday, January 25, 2024

Donaldson Company, Inc. (NYSE: DCI) today announced that its Board of Directors declared a regular cash dividend of 25.0 cents per share.

Key Points: 
  • Donaldson Company, Inc. (NYSE: DCI) today announced that its Board of Directors declared a regular cash dividend of 25.0 cents per share.
  • The dividend is payable February 28, 2024, to shareholders of record on February 12, 2024.
  • Donaldson is a member of the S&P High-Yield Dividend Aristocrats Index and calendar year 2023 marked the 28th consecutive year of annual dividend increases.
  • The Company has paid a cash dividend every quarter for 68 years.

Donaldson Reports First Quarter Fiscal Year 2024 Sales and Earnings

Retrieved on: 
Wednesday, November 29, 2023

Industrial Filtration Solutions (IFS) sales grew 7.4% from ongoing strength in Power Generation and dust collection sales.

Key Points: 
  • Industrial Filtration Solutions (IFS) sales grew 7.4% from ongoing strength in Power Generation and dust collection sales.
  • Life Sciences segment sales declined 4.1% year over year resulting primarily from continued Disk Drive market-related sales weakness.
  • First quarter 2023 adjusted operating expenses as a percentage of sales, which exclude restructuring and other charges, were 18.9%.
  • Donaldson projects a fiscal 2024 effective income tax rate of between 24% and 26%.