Applied Industrial Technologies(AIT) - 2025 Q1 - Quarterly Results

EXHIBIT 99.1 Applied Industrial Technologies Reports Fiscal 2025 First Quarter Results • Net Sales of $1.1 Billion Up 0.3% YoY; Down 3.0% on an Organic Daily Basis • Net Income of$ 92.1 Million, or $2.36 Per Share Down 1.0% YoY • EBITDA of$ 129.0 Million Down 3.3% YoY • Operating Cash Flow of $127.7 Million; Free Cash Flow of$ 122.2 Million • Increasing FY25 EPS Guidance to $9.25 to$ 10.00 • Reiterate FY25 Sales and EBITDA Margin Guidance CLEVELAND, OHIO (October 24, 2024) – Applied Industrial Technologies ...