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Jun 30, 2024
Lincoln Electric Q2 2024 Earnings Report
Lincoln Electric's financial performance reflected solid profit, earnings, and cash conversion amidst a challenging cycle.
Key Takeaways
Lincoln Electric reported a decrease in net sales by 3.7% to $1,022 million, reflecting a 4.4% decrease in organic sales and a 1.2% benefit from acquisitions. The company's operating income margin was 14.6%, with an adjusted operating income margin of 17.4%. EPS was reported at $1.77, with an adjusted EPS of $2.34. Cash flows from operations amounted to $171 million.
Net sales reached $1,022 million.
Operating income margin was 14.6%, with adjusted operating income margin at 17.4%.
EPS was $1.77; Adjusted EPS was $2.34.
Cash flows from operations totaled $171 million.
Lincoln Electric
Lincoln Electric
Lincoln Electric Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income