Cleveland, OH-based Lincoln Electric Holdings, Inc., a welding products manufacturer, reported sales for the second quarter 2008 increased 19.3% to $699.8 million over the same period 2007. Profits were $70.1 million, an increase of 26.9%.
For the first six months ended June 30, 2008, sales improved 16.2% to $1.32 billion over the first six months of 2007. Lincoln reported profits for the period of $123.6 million, up 19.7%.
U.S. export sales in the quarter increased 28.6% to $64.5 million from $50.1 million in 2007.
Sales at Lincoln subsidiaries outside North America increased to $299.1 million in the second quarter, compared with $222.8 million in the year ago quarter, an increase of 34.2%. Excluding acquisitions and the effect of changes in foreign …
Lincoln Electric U.S. Export Sales Grow 28.6% in 2Q
Cleveland, OH-based Lincoln Electric Holdings, Inc., a welding products manufacturer, reported sales for the second quarter 2008 increased 19.3% to $699.8 million over the same period 2007. Profits were $70.1 million, an increase of 26.9%.
For the first six months ended June 30, 2008, sales improved 16.2% to $1.32 billion over the first six months of 2007. Lincoln reported profits for the period of $123.6 million, up 19.7%.
U.S. export sales in the quarter increased 28.6% to $64.5 million from $50.1 million in 2007.
Sales at Lincoln subsidiaries outside North America increased to $299.1 million in the second quarter, compared with $222.8 million in the year ago quarter, an increase of 34.2%. Excluding acquisitions and the effect of changes in foreign …
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- Filed In: Companies, Free, Gases & Welding Equipment, News, Subscriber Only, Top Distributor Sectors
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