The 2020 Mid-Year Economic Update_long

Lincoln Electric Sales Up 17.9% in 3Q

Year-to-date sales increased 9.7 percent year-over-year.

Lincoln Electric Holdings Inc. (Nasdaq: LECO), Cleveland, OH, reported third quarter sales of $669.5 million, a year-over-year increase of 17.9 percent. Profit was $106.1 million, an increase of 76.7 percent compared to the prior year.

Sales for the first nine months decreased 9.7 percent year-over-year to $1.9 billion. Profit increased 54 percent to $223.3 million.

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