|
|
|
|
|
|
30.04.25 - 13:33
|
Lincoln Electric Reports First Quarter 2025 Results (Business Wire)
|
|
First Quarter 2025 Highlights
Net sales of $1,004 million
Operating income margin of 16.4%; Adjusted operating income margin of 16.9%
EPS of $2.10; Adjusted EPS of $2.16
Record first quarter cash flows from operations of $186 million and 130% cash conversion
Returned $150 million to shareholders through dividends and share repurchases
CLEVELAND--(BUSINESS WIRE)--#LEA--Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported first quarter 2025 net income of $118.5 million, or diluted earnings per share (EPS) of $2.10, which included special item after-tax net charges of $3.4 million, or $0.06 EPS. This compares with prior year period net income of $123.4 million, or $2.14 EPS, which included special item after-tax net charges of $5.2 million, or $0.09 EPS. Excluding special items, first quarter 2025 adjusted net income was $121.9 million, or $2.16 adjusted EPS. This compares with adjusted net income of $128.7 million, or $2.23 adjusted EPS, in the prior year period.
First quarter 2...
|
|
|
|
23.04.25 - 22:36
|
Lincoln Electric Board Declares Dividend (Business Wire)
|
|
CLEVELAND--(BUSINESS WIRE)--#LEA--Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.75 per common share, payable July 15, 2025, to shareholders of record as of June 30, 2025.
Business
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. Headquartered in Cleveland, Ohio, Lincoln operates 71 manufacturing and automation system integration locations across 20 countries and maintains a worldwide network of distributors and sales offices serving customers in over 160 count...
|
|
|
|
|
|
08.04.25 - 13:33
|
Lincoln Electric Schedules Webcast for First Quarter 2025 Results (Business Wire)
|
|
CLEVELAND--(BUSINESS WIRE)--#LEA--Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) announced today that it will release its first quarter 2025 results on Wednesday, April 30, 2025, 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. To participate via telephone, please dial (888) 440-4368 (domestic) or (646) 960-0856 (international) and use confirmation code 6709091. Telephone participants are asked to connect 10 minutes prior to the start of the conference call. A replay of the earnings call will be available via webcast on the Company's website.
About Lincoln Electric
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 eq...
|
|
|
|
|
24.02.25 - 22:33
|
Lincoln Electric Announces Retirement of Michele Kuhrt, Executive Vice President and Chief Transformation Officer (Business Wire)
|
|
CLEVELAND--(BUSINESS WIRE)--#LEA--Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) announced today that Michele Kuhrt, Executive Vice President, Chief Transformation Officer is retiring effective August 31, 2025.
Ms. Kuhrt joined Lincoln Electric in 1997 and over her nearly 30-year career at Lincoln Electric, has held numerous executive leadership positions, including Chief Information Officer and Chief Human Resources Officer. Since 2024, she has held the position as Executive Vice President, Chief Transformation Officer where she has partnered with business units to advance process standardization and organizational alignment across the Company.
“On behalf of the entire organization, we thank Michele for her leadership and her unwavering dedication to the Company,” said Steven B. Hedlund, Chair, President and Chief Executive Officer. “She has had an exceptional career, and we will continue to build upon her many achievements in the years ahead.” Hedlund continued, “We wish Mi...
|
|
|
20.02.25 - 13:36
|
Lincoln Electric Elects N. Joy Falotico to Its Board of Directors (Business Wire)
|
|
CLEVELAND--(BUSINESS WIRE)--#LEA--Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced that N. Joy Falotico, former President of The Lincoln Motor Company, a division of Ford Motor Company (NYSE: F), has been elected to Lincoln Electric's Board of Directors, effective February 19, 2025. She will serve as a member of the Audit and the Nominating and Corporate Governance Committees. Ms. Falotico's appointment expands Lincoln Electric's Board to 12 directors, 11 of whom are independent, non-employee directors.
“We are pleased to welcome Joy to the Board,” said Steven B. Hedlund, Chair, President and Chief Executive Officer. “Joy's diverse global leadership experience and deep financial and commercial expertise will be invaluable as we advance our strategic initiatives to drive long-term, profitable growth.”
Ms. Falotico formerly served as President of Lincoln Motor Company, the luxury vehicle division at Ford Motor Company, from 2018 until her retirement in 2022. During her 33-year ten...
|
|