Latest Lincoln Electric Holdings Inc. Stories
CLEVELAND, Oct. 27 /PRNewswire-FirstCall/ -- Lincoln Electric Holdings, Inc. (the "Company") (Nasdaq: LECO) today announced that it has signed a definitive agreement to acquire Mezhgosmetiz-Mtsensk OAO ("MGM"), a privately-held welding wire manufacturer based in the Orel region of Russia. The acquisition will provide Lincoln its first manufacturing operation in Russia as well as established distribution channels to serve the growing Russian and Commonwealth of Independent States (CIS)...
CLEVELAND, Oct. 27 /PRNewswire-FirstCall/ -- Third Quarter 2010 Highlights Sales were $519.3 million, an increase of 17.5% from the Third Quarter 2009Operating income increased to $48.2 million from $33.3 million or an increase of 44.5% from the Third Quarter 2009 Excluding special items, adjusted operating income increased 21.7% to $49.3 million from $40.5 million in the Third Quarter 2009Net income increased to $32.5 million, or $0.76 per diluted share, from $12.8 million, or $0.30 per...
CLEVELAND, Sept. 13 /PRNewswire-FirstCall/ -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) will participate in the Longbow Research 3rd Annual Industrial Manufacturing and Technology Conference being held Thursday, September 16, 2010, in New York City. Vincent K. Petrella, SVP and Chief Financial Officer, is scheduled to present at 1:15 p.m., Eastern Time, at the conference. A live webcast of the presentation will be available through the investor tab on Lincoln's Web site at...
CLEVELAND, July 27 /PRNewswire-FirstCall/ -- Second Quarter and First Half 2010 Highlights Sales were $515.6 million, an increase of 24.8% from the Second Quarter 2009; First Half sales were $986.5 million, an increase of 19.6% from the First Half 2009Adjusted operating income increased to $49.8 million from $24.8 million or an increase of 101.2% from the Second Quarter 2009Adjusted operating income increased to $85.4 million from $37.4 million or an increase of 128.6% from the First Half...
CLEVELAND, July 13 /PRNewswire-FirstCall/ -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) will release financial results for the 2010 second quarter prior to market open on Tuesday, July 27, 2010. A conference call is scheduled for that same day at 10:00 a.m., Eastern Time. Live audio of the call will be available to the public via webcast and will be accessible through the investor tab on Lincoln's Web site at http://www.lincolnelectric.com. Lincoln Electric is the world leader in the...
CLEVELAND, May 7 /PRNewswire-FirstCall/ -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) today announced that it will webcast its Institutional Investors/Analysts Day being held Tuesday, May 11, 2010, at its world headquarters and Euclid, Ohio, manufacturing campus. The webcast will feature audio and slides of the presentation portion of the event and will start at 10:00 a.m., Eastern, and conclude at 12:30 p.m., Eastern. The webcast will be available to the public and can be accessed...
CLEVELAND, April 27 /PRNewswire-FirstCall/ -- First Quarter 2010 Highlights Sales were $471.0 million, an increase of 14.4% from the First Quarter 2009Operating income increased to $34.7 million from $1.0 million in the First Quarter 2009; operating income excluding special items increased to $35.5 million from $12.7 million in the First Quarter 2009Net income increased to $23.7 million, or $0.55 per diluted share, from a net loss of $3.6 million, or $0.08 per diluted share, in the prior...
CLEVELAND, April 12 /PRNewswire-FirstCall/ -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) will release 2010 first-quarter financial results prior to market open on Tuesday, April 27, 2010. A conference call will be held at 10 a.m. (EDT) that same day. A live audio webcast of the call will be available to the public and will be accessible through the investor tab on Lincoln's Web site at http://www.lincolnelectric.com. Lincoln Electric is the world leader in the design, development and...
CLEVELAND, Feb. 22 /PRNewswire-FirstCall/ -- Fourth Quarter 2009 Highlights Sales were $462.4 million, an increase of 4.7% from the Third Quarter 2009Operating income was $39.3 million, an increase of 18.4% from $33.2 million in the Third Quarter 2009 Operating income was $43.5 million, excluding special items, an increase of 7.7% from $40.4 million in the Third Quarter 2009Net income increased 25.0% to $24.3 million, or $0.57 per diluted share from the prior year period; excluding special...
CLEVELAND, Feb. 15 /PRNewswire-FirstCall/ -- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) today announced that Christopher L. Mapes, Executive Vice President of A. O. Smith Corporation and President of its Electrical Products unit, has been elected to the Company's Board of Directors. "Christopher Mapes joins the Lincoln Electric board at a very exciting and important time for our Company," said Lincoln Electric Chairman and CEO John M. Stropki. "He brings years of manufacturing, sales...
