(Nasdaq: LECO) today announced that the Company's 2026 Annual Meeting of Shareholders will be held as a virtual meeting on Friday, April 17, 2026, at 11:00 a.m., Eastern Time. About Lincoln Electric Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading. CLEVELAND--(BUSINESS WIRE)-- #LEA--Lincoln Electric Holdings, Inc. (the "Company†) ...

Financial Performance - ESAB's Q3 2025 total sales reached $687 million, an 8% increase year-over-year[9, 27] - Core organic growth was positive at 2%[9, 28] - Adjusted EBITDA was $133 million, a 7% increase year-over-year[9, 27] - Adjusted EBITDA margin was 19.4%[9, 27] Segment Performance - Americas sales were $293 million, a 1% increase year-over-year[16, 31] - EMEA & APAC sales were $395 million, a 14% increase year-over-year[19, 34] Acquisition and Strategy - The EWM acquisition contributed 2 percentage points to growth and $1 million to adjusted EBITDA[30] - Net leverage stands at 2.1x following the EWM acquisition[44] Outlook - The company raised its full-year 2025 sales guidance to $2.71-$2.73 billion[45, 53] - Core organic growth guidance was updated to approximately 1%[45, 53] - Adjusted EBITDA guidance was increased to $535-$540 million[45, 53]

Financial Performance - Total sales reached $679 million, a 2% increase year-over-year[10] - Core adjusted EBITDA was $138 million, up 3% year-over-year, with a margin of 204%, a 30 bps increase[10] - The company is raising the full year 2025 sales guidance to $263-$268 billion[11, 56] - Adjusted free cash flow was $464 million for the quarter[76] Regional Performance - Americas total sales decreased by 9% year-over-year to $283 million, with an adjusted EBITDA of $57 million and a margin of 201%[43] - EMEA and APAC total sales increased by 11% year-over-year to $396 million, with an adjusted EBITDA of $82 million and a margin of 206%, a 110 bps increase[47] Strategic Initiatives - The company is delivering $30 million of savings through EBX initiatives[22] - The company completed two Gas Control acquisitions (DeltaP & Aktiv) and signed one Fabtech acquisition (EWM)[11] - The company expects full year cash conversion to be approximately 100%[52]

Core Viewpoint - The handheld laser welding machine is a portable welding device that utilizes high-energy laser beams for precise control in welding applications, offering advantages such as high flexibility, ease of operation, fast welding speed, and minimal heat-affected zones, making it suitable for various industries including metal sheets, precision parts, and electronic components [1]. Industry Current Status Analysis - The development of handheld laser welding machines dates back to the 1960s, initially used in aerospace, military, and research fields. By the 1980s, advancements in laser technology allowed for industrial applications, although early models were large and costly, limiting their use to automated production lines [3]. - The breakthrough in fiber laser technology in the 21st century led to the miniaturization and efficiency of laser welding equipment. Since 2015, portable fiber lasers have made handheld laser welding machines viable, offering high precision, minimal thermal impact, and improved welding quality without the need for additional welding wire [3][4]. Market Demand and Trends - The handheld laser welding machine market is experiencing rapid growth, with traditional welding methods like TIG and resistance welding being gradually replaced. The technology is particularly advantageous for thin metal welding, high-precision tasks, and special materials [4]. - The integration of artificial intelligence and automation in handheld laser welding machines is emerging, with features like smart control systems and automatic power adjustment, making them user-friendly even for non-professional welders [4]. - The global market for handheld laser welding machines is expanding from high-end manufacturing to small and medium enterprises, especially in manufacturing powerhouses like China, Germany, and Japan. The technology is becoming a key development direction in the welding industry due to its environmental benefits and efficiency [4][10]. Future Development Trends - Future handheld laser welding machines are expected to have increased power, moving from the current range of 1000W-3000W to higher levels to accommodate thicker materials and stronger metals. The adaptability to various materials will also expand to include titanium alloys and copper [5]. - The machines will incorporate enhanced automation and smart features, utilizing AI algorithms for optimizing welding parameters and potentially integrating visual recognition systems for precise welding [5]. - There will be a focus on portability and ergonomic design, making devices lighter and more compact for ease of use, while also improving user comfort and safety [5]. - Environmental considerations will drive the development of energy-efficient and low-emission welding machines, aligning with stricter regulations and sustainability goals [5]. Global Market Scale Analysis - The global handheld laser welding machine market is projected to reach approximately $876 million in 2024, with an expected growth to $2.422 billion by 2031, reflecting a compound annual growth rate (CAGR) of 15.20% from 2025 to 2031. Sales volume is anticipated to increase from about 211,000 units in 2024 to 1,068,000 units by 2031, with a CAGR of 24.10% [9]. - Handheld laser welding machines demonstrate significant advantages in industrial applications, achieving energy savings of 80%-90% compared to traditional arc welding and reducing processing costs by about 30% [9]. - Major manufacturers in the market include IPG Photonics and STAHLWERK, with the top three companies holding approximately 25.07% of the market share in 2024 [9]. China Market Development - China's laser welding machine market is rapidly growing, with applications expanding across various sectors, including Fortune 500 companies. The trend indicates that fiber laser welding technology will gradually replace traditional methods, supported by government initiatives promoting laser technology development [10]. - The global handheld laser welding machine market is driven by increasing automation in manufacturing, the expansion of lightweight material applications, and continuous advancements in laser technology. The demand for efficient and precise welding solutions is particularly strong in the automotive, aerospace, electronics, and medical device sectors [10].