PRESS RELEASES

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Date Title  
10/30/19
Applied Industrial Technologies Reports Fiscal 2020 First Quarter Results Applied Industrial Technologies Reports Fiscal 2020 First Quarter Results Net Sales of $856.4 Million Down 0.9% YoY; Down 5.2% on an Organic Daily Basis EPS of $1.00 ; Non-GAAP Adjusted EPS of $1.02 Excluding Non-Routine Expense Cash Flow from Operations of $50.0 Million ; Free Cash Flow of $45.1 Million Fiscal 2020 Guidance Reaffirmed on a Non-GAAP Adjusted Basis
10/08/19
Applied Industrial Technologies to Report First Quarter Earnings and Conduct Investor Teleconference on October 30, 2019 Applied Industrial Technologies to Report First Quarter Earnings and Conduct Investor Teleconference on October 30, 2019   CLEVELAND --(BUSINESS WIRE)--Oct. 8, 2019-- Applied Industrial Technologies (NYSE: AIT) today announced plans to release its fiscal 2020 first quarter financial results on Wednesday, October 30, 2019 , before the market opens. The Company’s fiscal 2020 first quarter ended September 30, 2019 .
09/25/19
Applied Industrial Technologies Receives NorthCoast 99 Award Recognizing the Best Workplaces for Top Talent Applied Industrial Technologies Receives NorthCoast 99 Award Recognizing the Best Workplaces for Top Talent   CLEVELAND --(BUSINESS WIRE)--Sep. 25, 2019-- Applied Industrial Technologies (NYSE: AIT) has received the 2019 NorthCoast 99 Award for best practices and workplace trends in Organizational Strategy, Policies and Communications ; Recruitment, Selection and Onboarding; Employee Well-Being; Employee
08/14/19
Applied Industrial Technologies Reports Fiscal 2019 Fourth Quarter and Year-End Results Applied Industrial Technologies Reports Fiscal 2019 Fourth Quarter and Year-End Results Record Full-Year Sales of $3.5 Billion , Up 13.0% YoY Full-Year EPS of $3.68 ; Non-GAAP Adjusted EPS of $4.41 , Up 18.0% YoY Fourth Quarter Sales of $882.7 Million ; EPS of $1.02 Fourth Quarter Results Include: $3.4 Million Non-cash LIFO Charge ( $0.07 Per Share or 40 Bps); $0.18 Per Share of
08/14/19
Applied Industrial Technologies to Acquire Olympus Controls Corp. Applied Industrial Technologies to Acquire Olympus Controls Corp. Expands Capabilities to include Automation Solutions CLEVELAND --(BUSINESS WIRE)--Aug. 14, 2019-- Applied Industrial Technologies (NYSE: AIT) today announced it has signed a definitive agreement to acquire Olympus Controls Corp. (“Olympus”), an automation solutions provider – including design,
08/13/19
Applied Industrial Technologies Elects Two New Board Members Applied Industrial Technologies Elects Two New Board Members CLEVELAND --(BUSINESS WIRE)--Aug. 13, 2019-- Applied Industrial Technologies (NYSE: AIT) today announced that Madhuri A. Andrews , Senior Vice President, Chief Digital and Information Officer of Jacobs Engineering Group Inc. , and Mary Dean Hall , Senior Vice President, Chief Financial Officer and
07/24/19
Applied Industrial Technologies to Report Fourth Quarter and Fiscal Year-End Results on August 14, 2019 Applied Industrial Technologies to Report Fourth Quarter and Fiscal Year-End Results on August 14, 2019 CLEVELAND --(BUSINESS WIRE)--Jul. 24, 2019-- Applied Industrial Technologies (NYSE: AIT) today announced plans to release its fiscal 2019 fourth quarter and year-end financial results on Wednesday, August 14, 2019 , before the market opens. The Company’s fiscal 2019 fourth quarter ended June 30,
07/02/19
New Industrial Products Catalog From Applied® Features More Than 31,000 Products From 210 Trusted Manufacturers New Industrial Products Catalog From Applied® Features More Than 31,000 Products From 210 Trusted Manufacturers CLEVELAND --(BUSINESS WIRE)--Jul. 2, 2019-- Applied Industrial Technologies (NYSE: AIT) has announced the release of its new industrial products catalog for 2019/2020, featuring the company’s most popular products for all types of maintenance and repair operations.
06/20/19
Applied Industrial Technologies Declares Quarterly Dividend and Announces Annual Meeting Date Applied Industrial Technologies Declares Quarterly Dividend and Announces Annual Meeting Date CLEVELAND --(BUSINESS WIRE)--Jun. 20, 2019-- Applied Industrial Technologies (NYSE: AIT) President & Chief Executive Officer Neil A. Schrimsher today announced that the Company’s Board of Directors has declared a quarterly cash dividend of $0.31 per common share, payable on August 30, 2019 , to
04/26/19
Applied Industrial Technologies Reports Fiscal 2019 Third Quarter Results Applied Industrial Technologies Reports Fiscal 2019 Third Quarter Results Net Sales of $885.4 Million Up 7.0% YoY; Up 2.3% on an Organic Daily Basis EPS of $0.42 ; Non-GAAP Adjusted EPS of $1.16 Up 9.4% YoY EBITDA of $82.3 Million , 9.3% of Sales; Up 57 Bps YoY Results Include a $3.6 Million Non-cash LIFO Charge ( $0.07 Per Share or 41 Bps) Mid-point of Full Year
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