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Lincoln Electric Holdings (LECO) delivers innovative welding and cutting solutions for global manufacturing sectors. This news hub provides investors and industry professionals with authoritative updates on corporate developments, technological advancements, and market positioning.
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Key updates include robotic welding system innovations, strategic acquisitions, and financial performance metrics. All content is sourced directly from company filings and verified industry channels to maintain accuracy and compliance with financial reporting standards.
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Lincoln Electric Holdings (Nasdaq: LECO) has announced its Board of Directors' declaration of a quarterly cash dividend of $0.75 per common share. The dividend will be payable on July 15, 2025, to shareholders of record as of June 30, 2025.
Lincoln Electric, headquartered in Cleveland, Ohio, is a global leader in engineering and manufacturing advanced arc welding solutions, automated joining systems, and cutting equipment. The company operates 71 manufacturing and automation system integration facilities across 20 countries, serving customers in over 160 countries through its worldwide network of distributors and sales offices.
Lincoln Electric Holdings (Nasdaq: LECO) has announced it will release its first quarter 2025 financial results on Wednesday, April 30, 2025, before market opening. The company will host an investor conference call and webcast at 10:00 a.m. ET on the same day.
Investors can access the webcast in listen-only mode through the company's Investor Relations website. For telephone participation, participants should dial (888) 440-4368 (domestic) or (646) 960-0856 (international) using confirmation code 6709091, and connect 10 minutes before the start time.
Lincoln Electric operates 71 manufacturing and automation system integration facilities across 20 countries, serving customers in over 160 countries through its global network of distributors and sales offices.
Lincoln Electric Holdings (NASDAQ: LECO) has been named one of the 2025 World's Most Ethical Companies® by Ethisphere for the seventh time. The company is among 12 honorees in the Industrial Manufacturing category, out of 136 total honorees across 19 countries and 44 industries.
The recognition is based on Ethisphere's Ethics Quotient® assessment, which evaluates companies across multiple criteria including ethics, compliance, governance, environmental and social impact, and value chain initiatives. Companies must provide over 240 proof points of their ethical practices.
Lincoln Electric, headquartered in Cleveland, Ohio, is a global leader in arc welding solutions, automated joining systems, and cutting equipment. The company operates 71 manufacturing locations across 20 countries and serves customers in over 160 countries through its distribution network.
Lincoln Electric Holdings (Nasdaq: LECO) announced that Michele Kuhrt, Executive Vice President and Chief Transformation Officer, will retire effective August 31, 2025. During her nearly 30-year career at Lincoln Electric since 1997, Kuhrt held several executive leadership positions, including Chief Information Officer and Chief Human Resources Officer.
In her current role as Chief Transformation Officer since 2024, Kuhrt has focused on advancing process standardization and organizational alignment across the company. Steven B. Hedlund, Chair, President and CEO, acknowledged her leadership and dedication, expressing confidence in building upon her achievements.
Lincoln Electric is a global leader in arc welding solutions, automated joining, assembly and cutting systems, with 71 manufacturing and automation system integration locations across 20 countries, serving customers in over 160 countries.
Lincoln Electric Holdings (Nasdaq: LECO) has announced its Board of Directors' declaration of a quarterly cash dividend of $0.75 per common share. The dividend will be payable on April 15, 2025, to shareholders of record as of March 31, 2025.
The company is a global leader in engineering, design, and manufacturing of arc welding solutions, automated joining systems, and cutting equipment. Operating from 71 manufacturing and automation system integration locations across 20 countries, Lincoln Electric maintains a worldwide network serving customers in over 160 countries.
Lincoln Electric (NASDAQ: LECO) reported Q4 2024 financial results with net sales of $1,022 million, down 3.4% year-over-year. The company posted Q4 operating income margin of 17.3% and adjusted operating income margin of 18.2%. Q4 EPS was $2.47, with adjusted EPS of $2.57.
For full-year 2024, net sales decreased 4.4% to $4.0 billion, reflecting a 6.5% decrease in organic sales, partially offset by a 2.5% benefit from acquisitions. Full-year operating income margin was 15.9%, with adjusted operating income margin at 17.6%. The company reported full-year EPS of $8.15 and adjusted EPS of $9.29.
The company generated strong cash flows from operations of $599 million and returned $426 million to shareholders through dividends and share repurchases in 2024. Despite challenging industrial sector demand, management highlighted strong execution of cost-saving actions and operational improvements advancing performance towards their 2025 Higher Standard Strategy goals.
Lincoln Electric Holdings (NASDAQ: LECO) has announced that their Executive Vice President and CFO, Gabriel Bruno, will be presenting at the Barclays 42nd Annual Industrials Select Conference in Miami. The presentation is scheduled for Thursday, February 20, 2025, at 10:25 a.m. Eastern Time.
The event will be accessible via webcast through Lincoln Electric's Investor Relations website, with a replay option available afterward. Lincoln Electric, headquartered in Cleveland, Ohio, is recognized as the Welding Expert™ and leads globally in advanced arc welding solutions, automated joining systems, cutting equipment, and brazing and soldering alloys. The company operates 71 manufacturing and automation system integration facilities across 21 countries, serving customers in over 160 countries through its distribution and sales network.
Lincoln Electric Holdings (NASDAQ: LECO) has announced it will release its fourth quarter and full year 2024 financial results on Thursday, February 13, 2025, before the market opens. The company will host an investor conference call and webcast at 10:00 a.m. ET on the same day.
Investors can access the webcast in listen-only mode through the company's Investor Relations website. For telephone participation, participants should dial (888) 440-4368 (domestic) or (646) 960-0856 (international) using confirmation code 6709091, and connect 10 minutes before the start time.
Lincoln Electric, headquartered in Cleveland, Ohio, is a global leader in arc welding solutions, automated joining systems, cutting equipment, and brazing and soldering alloys. The company operates 71 manufacturing and automation system integration facilities across 21 countries, serving customers in over 160 countries.
Lincoln Electric Holdings (Nasdaq: LECO) has announced its 2025 Annual Meeting of Shareholders will be held virtually on Thursday, April 24, 2025, at 11:00 a.m. Eastern Time.
The company, headquartered in Cleveland, Ohio, is recognized as the Welding Expert™ and stands as a global leader in advanced arc welding solutions, automated joining, assembly and cutting systems, and plasma and oxy-fuel cutting equipment. They also maintain a leading position in brazing and soldering alloys globally.
Lincoln Electric operates 71 manufacturing locations across 21 countries and maintains a worldwide network of distributors and sales offices serving customers in over 160 countries. The company's expertise spans materials science, software development, automation engineering, and application expertise, helping customers enhance their fabrication capabilities.
Lincoln Electric (LECO) reported Q3 2024 financial results with net sales of $983.8 million, down 4.8% year-over-year, reflecting a 7.7% decrease in organic sales partially offset by a 3.0% benefit from acquisitions. Net income was $100.8 million with EPS of $1.77, compared to $129.3 million and $2.22 EPS in the prior year. Adjusted EPS was $2.14, down from $2.40. Operating income margin was 14.8%, with adjusted operating margin at 17.3%. The company generated strong cash flows of $199 million with 134% cash conversion and returned $91 million to shareholders through dividends and share repurchases. The Board declared a quarterly dividend increase of 5.6% to $0.75 per share.