The 2020 Mid-Year Economic Update_long

Lincoln Electric Sales Up 5.8% in 2Q

Year-to-date sales increased 5.7 percent year-over-year.

Lincoln Electric Holdings Inc. (Nasdaq: LECO), Cleveland, OH, reported second quarter sales of $626.9 million, a year-over-year increase of 5.8 percent. Profit rose 95.9 percent to $61.4 million.

Sales for the first six months increased 5.7 percent year-over-year to $1.2 billion. Profit increased 38 percent to $117.2 million.

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