Lincoln Electric reported a strong second quarter in 2021, with net sales increasing by 39.9% to $826.5 million. The company achieved a record EPS of $1.60, and an adjusted EPS of $1.67, driven by strong organic sales growth of 36.0% and improvements in operating income margin.
Net sales increased by 39.9% to $826.5 million, with organic sales up by 36.0%.
Operating income margin was 14.7%, while adjusted operating income margin reached 15.1%.
EPS increased by 255.6% to a record $1.60, and adjusted EPS increased by 108.8% to a record $1.67.
Cash flow from operations remained strong at $100.0 million.
Management expects inflationary headwinds and supply chain constraints to continue through 2021.
Visualization of income flow from segment revenue to net income
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