Lincoln Electric(US:LECO)2025-07-31 14:00Financial Performance Highlights - Net sales reached $1088.7 million, a 6.6% increase compared to the previous year's $1021.7 million[13] - Organic sales grew by 2.9%[8] - Adjusted operating income margin improved to 17.9%, a 50 bps increase year-over-year[8] - Adjusted EPS increased to $2.60, an 11.1% rise from the prior year's $2.34[9, 13] - Cash flow from operations was $144 million, a 16% decrease compared to the previous year[8] Segment Performance - Americas Welding segment net sales increased by 7.4% to $696.7 million[15] - International Welding segment net sales decreased by 2.5% to $232.8 million[18] - The Harris Products Group net sales increased by 18.8% to $159.1 million[21] Sales Mix and End Market Performance - Overall sales growth was driven by price increases of 5.2%, offset by a volume decrease of 2.3%[14] - General Industries saw high single-digit percent growth, while Heavy Industries experienced a low-teens percent decrease[11] Capital Allocation - The company returned $169 million to shareholders through dividends ($42 million) and share repurchases ($127 million)[9] - Capital expenditures are projected to be between $100 million and $120 million for the full year[32]