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Home » Kennametal Reports 6% 1Q Organic Growth

Kennametal Reports 6% 1Q Organic Growth

October 25, 2006

Kennametal, Latrobe, PA, reported first quarter 2007 sales of $543 million. This represents 6% organic sales growth offset by the net impact of acquisitions and divestitures, primarily the sale of J& L Industrial Supply. J& L outside sales were $65 million in the September quarter last year.


 


Profit for the first quarter was $30.3 million, up from $28 million in the same period a year ago.


 


Metalworking Solutions & Services Group (MSSG) continued to deliver growth led by year-over-year expansion in the aerospace, distribution and energy markets. The North American market remained stable; Europe has begun to show a modest recovery and Asia Pacific and India delivered strong ...
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Kennametal, Latrobe, PA, reported first quarter 2007 sales of $543 million. This represents 6% organic sales growth offset by the net impact of acquisitions and divestitures, primarily the sale of J& L Industrial Supply. J& L outside sales were $65 million in the September quarter last year.


 


Profit for the first quarter was $30.3 million, up from $28 million in the same period a year ago.


 


Metalworking Solutions & Services Group (MSSG) continued to deliver growth led by year-over-year expansion in the aerospace, distribution and energy markets. The North American market remained stable; Europe has begun to show a modest recovery and Asia Pacific and India delivered strong ...


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