6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
Lincoln Electric Holdings Inc. (NASDAQ: LECO), Cleveland, OH, reported sales for the first quarter of $685.1 million, a decrease of 4.7 percent from the previous year. Profit decreased 15.4 percent to $56.5 million.
"We held profitability margins steady in the quarter, benefiting from mix, solid operating performance and steady management of expenses, which helped offset lower volumes," said Christopher Mapes, chairman, president and CEO.