Applied Industrial Technologies(AIT) - 2024 Q4 - Annual Results

EXHIBIT 99.1 Financial Release For Immediate Release Applied Industrial Technologies Reports Fiscal 2024 Fourth Quarter and Full-Year Results; Issues Guidance for Fiscal 2025 • Fourth Quarter Net Sales of $1.2 Billion Up 0.2% YoY; Down 2.0% on an Organic Daily Basis • Fourth Quarter Net Income of $103.5 Million, or $2.64 Per Share Up 12.6% YoY • Fourth Quarter EBITDA of $153.5 Million Up 9.6% YoY • Full-Year Net Sales of $4.5 Billion Up 1.5% YoY; Up 0.4% on an Organic Daily Basis • Full-Year Net Income of $ ...