AIT added a like distributor with about $20 million in annual revenue, while encouraging financials led to raising the lower end of the company's guidance.
Latest In Applied Industrial
Pricing's impact was double that of a quarter earlier, while Applied's late 2024 acquisition of Hydradyne continues to drive major growth in the company's Engineered Solutions segment.
Applied reported a solid end to fiscal 2025, with improved demand and a return to organic growth led by its Engineered Solutions segment.
Acquisitions boosted top-line sales, while organic continued to slide.
Applied’s total sales declined year-over-year, but acquisitions drove most of the increase while foreign currency translation negatively impacted sales.
It combines the Nos. 1 and 10 companies on MDM’s 2024 Top Distributors List for Fluid Power and significantly strengthens Applied's market position.
It will combine the Nos. 1 and 10 companies on MDM’s 2024 Top Distributors List for Fluid Power.
The company reported a slight increase in sales to $1.1 billion, driven by acquisitions, offset by mixed demand trends.
The report reveals advancements in sustainability reflecting the company’s commitment to its business values.
The distributor’s full-year total sales increased 1.5% year-over-year, while 4Q sales remained flat.
The distributor’s organic sales topped expectations and the company continues to grow its automation presence.
Organic sales narrowly dipped year-over-year as modest growth in Applied's Service Center segment offset a decline in Engineered Solutions.
Net sales for the first quarter of the company's fiscal year were $1.1 billion, an increase of 3.1% over the prior year.
The company again marks its centennial celebration by acquiring two providers of bearings, power transmission and industrial motion products.
The company reported that fiscal 4Q net sales were $1.2 Billion, up 9.1% YoY and up 8.6% on an organic basis.
The ceremony was part of the company’s 100-year anniversary, which is being celebrated throughout 2023.
The change includes a 0.7% increase from acquisitions, offset by a negative 0.3% impact from foreign currency translation.
AMS serves customers across medical, technology, machine building, life sciences, electronics, automotive and other industrial verticals.
Jon S. Ploetz will lead the company’s global legal affairs, governance and compliance activities, ESG efforts and corporate secretary duties
This new full-line catalog features more than 47,000 products specifically selected for Maintenance, Repair, Operations customers.
