Lincoln Electric (LECO) Misses Q4 EPS by 4c
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Lincoln Electric Reports Fourth Quarter and Full Year 2015 Results
February 23, 2016 7:30 AM ESTFourth Quarter and Full Year 2015 Key Metric Highlights
Q4 operating income margin: 13.8% of sales, 15.1% on an adjusted basisFY2015 operating income margin of 7.2% of sales, 14.7% on an adjusted basisStrong operational execution with a 21.1% ROIC and 17.1% average operating working capital ratioFY2015 cash flows from operations of $311 million with 100% cash conversion of adjusted net income1Returned a record $486 million to shareholders in FY2015 through share repurchases and dividendsCLEVELAND, Feb. 23, 2016 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (the Company) (Nasdaq: LECO) today reported fourth quarter 2015 net... More
