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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
04/09/19
Applied Industrial Technologies to Report Third Quarter Earnings and Conduct Investor Teleconference on April 26, 2019 Applied Industrial Technologies to Report Third Quarter Earnings and Conduct Investor Teleconference on April 26, 2019 CLEVELAND --(BUSINESS WIRE)--Apr. 9, 2019-- Applied Industrial Technologies (NYSE: AIT) today announced plans to release its fiscal 2019 third quarter financial results on Friday, April 26, 2019 , before the market opens. The Company’s fiscal 2019 third quarter ended March 31, 2019 .
03/26/19
Applied Industrial Technologies Names Ryan D. Cieslak Director of Investor Relations & Treasury Applied Industrial Technologies Names Ryan D. Cieslak Director of Investor Relations & Treasury CLEVELAND , March 26, 2019 (GLOBE NEWSWIRE) -- Applied Industrial Technologies (NYSE: AIT) announced today that Ryan D. Cieslak has joined the Company as Director of Investor Relations & Treasury, responsible for further developing and coordinating the strategic direction of the Company’s investor
01/24/19
Applied Industrial Technologies Reports Fiscal 2019 Second Quarter Results Applied Industrial Technologies Reports Fiscal 2019 Second Quarter Results Net Sales of $840.0M , Up 25.9% Year-Over-Year Net Income of $38.7M ; EPS of $0.99 Up 25.3% Year-Over-Year EBITDA of $76.0M , 9.1% of Sales; Up 60 bps Year-Over-Year Quarterly Dividend Increased to $0.31 Per Share Full-Year Guidance Revised to Reflect Current Business Conditions CLEVELAND , Jan.
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