Delivers 2.6% Revenue Growth, Strong Cash Generation and Working Capital Improvements in Q4
Prudent Cost Management Resulted in Record Operating Cash Flows
Paid Down $160 million of Debt, Exceeding our Payment Goals and Leverage Targets
Provides 2021 Guidance
BRAINTREE, Mass., Feb. 12, 2021 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC) (Altra or the Company), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced unaudited financial results for the fourth quarter ended December 31, 2020.