The 2020 Mid-Year Economic Update_long

Lincoln Electric Sales Down 9.9% in 2015

Fourth-quarter sales declined 17 percent.

Lincoln Electric Holdings Inc. (Nasdaq: LECO), Cleveland, OH, reported sales for 2015 of $2.5 billion, a decrease of 9.9 percent from the previous year. Profit decreased 49.9 percent to $127.5 million.

Fourth-quarter sales were $568 million, a decrease of 17 percent compared to the prior-year quarter. Profit decreased 35.3 percent to $48.7 million.

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