Lincoln Electric Holdings Inc. (Nasdaq: LECO), Cleveland, OH, reported sales for 2015 of $2.5 billion, a decrease of 9.9 percent from the previous year. Profit decreased 49.9 percent to $127.5 million.
Fourth-quarter sales were $568 million, a decrease of 17 percent compared to the prior-year quarter. Profit decreased 35.3 percent to $48.7 million.