Financial Performance - Lincoln Electric's Q3 2014 reported sales increased by 3.5%, and by 5.8% excluding foreign exchange impacts[4] - The company's Q3 2014 adjusted EPS increased by 9% to $0.94[4] - Cash returned to shareholders increased by 146% to $148 million in Q3 2014[4] Segment Performance - North America net sales increased by 8.8% with volume up 5.7%[14] - Europe net sales increased by 9.1% with volume up 12.5%[15] - Asia Pacific net sales decreased by 10.1% with volume down 11.0%[17] - South America net sales decreased by 36.5% with volume down 40.3%[18] - Harris net sales increased by 6.4% with volume up 7.4%[21] Capital Allocation - Dividends increased by 11% to $18 million[27] - Share repurchases increased by 196% to $130 million[27] - Capital expenditures decreased by 46% to $15 million[27]
Lincoln Electric(LECO) - 2014 Q3 - Earnings Call Presentation