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Kennametal Recognized as One of America's Best Midsize Companies by TIME
Prnewswire· 2025-07-10 20:05
PITTSBURGH, July 10, 2025 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced it has been named to TIME's list of America's Best Midsize Companies 2025, a prestigious recognition presented by TIME and Statista Inc., the leading statistics and industry ranking provider. The award highlights Kennametal's continued leadership in employee satisfaction, sustainability transparency and other relevant criteria."We are honored to be named one of America's Best Midsize Companies by TIME," said Sanjay Chowbey ...
Kennametal Announces Sale of Subsidiary in Goshen, IN
Prnewswire· 2025-06-06 20:05
PITTSBURGH, June 6, 2025 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced that it has completed the sale of its business in Goshen, IN."This portfolio action is an important step toward improving our overall sales mix, reducing material cost volatility and focusing our resources on long-term strategic priorities that create greater value for all our stakeholders," said Kennametal President & CEO Sanjay Chowbey.Kennametal received $19 million from the transaction upon closing, resulting in an imma ...
Kennametal to Attend KeyBanc Capital Markets Industrials & Basic Materials Conference
Prnewswire· 2025-05-08 10:30
Company Overview - Kennametal Inc. is an industrial technology leader with over 85 years of experience, focusing on materials science, tooling, and wear-resistant solutions [1] - The company serves various sectors including aerospace and defense, earthworks, energy, general engineering, and transportation, helping customers manufacture with precision and efficiency [1] - Kennametal employs approximately 8,400 individuals across nearly 100 countries [1] Financial Performance - In fiscal 2024, Kennametal generated revenues of $2 billion [1] Upcoming Events - Kennametal will attend the KeyBanc Capital Markets Industrials & Basic Materials Conference in Boston, MA on May 28, 2025 [1] - Key attendees from Kennametal include Patrick Watson (Vice President and CFO), Michael Pici (Vice President, Investor Relations), and John Witt (Vice President Finance and Corporate Controller) [1]
Kennametal Announces Fiscal 2025 Third Quarter Results
Prnewswire· 2025-05-07 10:30
Earnings per diluted share (EPS) of $0.41 and adjusted EPS of $0.47, compared to $0.24 and $0.30, respectively, in the prior year quarter Returned approximately $40 million to shareholders; $25 million in share repurchases and $15 million in dividends Company provides updated annual OutlookPITTSBURGH, May 7, 2025 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2025 third quarter ended March 31, 2025, with sales of $486 million compared to $516 million in th ...