PRESS RELEASES

Press Releases

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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.
01/09/19
Applied Industrial Technologies to Report Second Quarter Earnings and Conduct Investor Teleconference on January 24, 2019 Applied Industrial Technologies to Report Second Quarter Earnings and Conduct Investor Teleconference on January 24, 2019 CLEVELAND, Jan. 09, 2019 (GLOBE NEWSWIRE) -- Applied Industrial Technologies (NYSE: AIT) today announced plans to release its fiscal 2019 second quarter financial results on Thursday, January 24, 2019 , before the market opens. The Company’s fiscal 2019 second quarter ended December 31, 2018 .
11/05/18
Applied Industrial Technologies Acquires Fluid Power Sales Applied Industrial Technologies Acquires Fluid Power Sales Strengthens Fluid Power Market Leadership Capabilities CLEVELAND, Ohio , Nov. 05, 2018 (GLOBE NEWSWIRE) -- Applied Industrial Technologies (NYSE: AIT) today announced it has acquired Fluid Power Sales (“FPS”), a manufacturer and distributor of fluid power components, specializing in the engineering
10/31/18
Applied Industrial Technologies Reports Fiscal 2019 First Quarter Results Applied Industrial Technologies Reports Fiscal 2019 First Quarter Results Net Sales of $864.5M , Up 27.0%; 6.9% Organic Sales Growth Net Income of $48.9M , Up 45.1%; EPS of $1.24 , Up 44.2% EBITDA of $82.5M , 9.5% of Sales Increases Full-Year EPS Guidance: $4.65 - $4.85 Declares Dividend of $0.30 CLEVELAND , Oct. 31, 2018 (GLOBE NEWSWIRE) -- Applied Industrial
10/09/18
Applied Industrial Technologies to Report First Quarter Earnings and Conduct Investor Teleconference on October 31, 2018 Applied Industrial Technologies to Report First Quarter Earnings and Conduct Investor Teleconference on October 31, 2018 CLEVELAND , Oct. 09, 2018 (GLOBE NEWSWIRE) -- Applied Industrial Technologies (NYSE: AIT) today announced plans to release its fiscal 2019 first quarter financial results on Wednesday, October 31, 2018 , before the market opens. The Company’s fiscal 2019 first quarter ended September 30, 2018 .
09/13/18
Applied Industrial Technologies Recognized as a Best Workplace for Top Talent Applied Industrial Technologies Recognized as a Best Workplace for Top Talent

Receives 2018 NorthCoast 99 Award CLEVELAND , Sept. 13, 2018 (GLOBE NEWSWIRE) -- Applied Industrial Technologies (NYSE: AIT) has received the annual NorthCoast 99 Award for 2018, honoring companies that are the best workplaces in Northeast Ohio based on their ability to attract, retain and motivate

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