Timken (TKR) Reports In-Line Q4 EPS, Offers FY Guidance
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Timken Reports Strong Fourth-Quarter and Full-Year 2017 Results; Expects Continued Growth in 2018
February 7, 2018 6:51 AM ESTNORTH CANTON, Ohio, Feb. 7, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and mechanical power transmission products, today reported fourth-quarter 2017 sales of $778 million, up 18.8 percent from the same period a year ago. The increase was driven by organic growth across most end-market sectors led by off-highway and industrial distribution, as well as the benefit of acquisitions and currency.
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