Lincoln Electric Holdings Inc. is the largest international holding company, producing products for electric welding, robot welding, and plasma and gas cutting. The company was founded in 1895 by John Lincoln to sell electric motors of its own production. At present, the company is represented in North America, Latin America, Europe, Asia and Australia with more than 10,000 employees, and the headquarters are located in Euclid, Ohio, USA. The holding's products are used by various industries, such as automotive, maintenance and repair, steel construction, shipbuilding, pipe plants, heavy machinery, energy and nuclear industries. Lincoln Electric Holdings Inc. Is listed among the largest US companies Fortune 1000 (832rd place).
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Revenue Lincoln Electric Holdings Inc. For the 2nd quarter of 2017 increased by $ 46 million compared to the previous three months and by $ 34.5 million against the same period of the previous year, to $ 626.9 million, which was better than the forecast value of $ 620.3 million. Quarterly net profit increased To $ 61.35 million from $ 55.84 million, and earnings per share (EPS) was $ 0.97, which is better than expectations of $ 0.93. Dividends are paid quarterly, and the yield on the nearest payment will be 1.60%. The next financial report will be released on October 19, 2017, in which it is projected that the company's revenue will grow to $ 654.3 million, and EPS will be $ 0.93.