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Donaldson Company, Inc. reports news on filtration products and solutions for mobile equipment, industrial applications and life sciences. The company manufactures air filtration systems, liquid filtration systems, replacement parts, and dust, fume and mist collectors used in end markets such as construction, mining, agriculture, trucking and industrial operations.
Recurring Donaldson updates include operating and financial results, earnings conference calls, investor conference presentations, governance matters and capital-structure disclosures. Product news also covers filtration technologies such as ArmorSeal air filtration for on-road and off-road heavy-duty equipment.
Donaldson Company (NYSE: DCI) announced a partnership with Daimler Truck North America (DTNA) for their hydrogen fuel cell project. Donaldson's advanced air filter technology will be featured in the next-generation Freightliner SuperTruck III, part of the U.S. Department of Energy's (DOE) initiative to enhance fuel efficiency and reduce emissions in heavy-duty Class 8 long-haul trucks.
The SuperTruck program, which began in 2011, has evolved from optimizing diesel engines in its first two phases to now developing a hydrogen fuel cell truck demonstrator. DTNA has received $26 million in DOE funding for this project. The partnership builds on Donaldson and DTNA's existing collaboration on filtration solutions for commercial vehicles, with the field experience expected to accelerate the adoption of on-highway hydrogen fuel cell applications.
Donaldson Company (NYSE: DCI) has declared a quarterly cash dividend of 27.0 cents per share, payable on February 28, 2025, to shareholders of record as of February 13, 2025. The company, a member of the S&P High-Yield Dividend Aristocrats Index, has marked its 29th consecutive year of annual dividend increases in 2024. Notably, Donaldson has maintained its tradition of paying quarterly cash dividends for 69 years.
Founded in 1915, Donaldson is a global leader in technology-led filtration products and solutions, operating through three primary segments: Mobile Solutions, Industrial Solutions, and Life Sciences. The company maintains a presence in over 140 locations across six continents, serving diverse industries and advanced markets.
Donaldson Company (NYSE: DCI) reported record first quarter fiscal 2025 results with sales of $900.1 million, up 6.4% year-over-year. GAAP earnings reached $99.0 million with EPS of $0.81, increasing 8.1% from prior year, while adjusted EPS was $0.83.
The company saw growth across all segments: Mobile Solutions up 6.0%, Industrial Solutions up 4.6%, and Life Sciences up 16.6%. Gross margin was 35.5%, slightly down from 35.6% in 2024. The company reaffirmed its fiscal 2025 outlook, projecting adjusted EPS between $3.56 and $3.72, with sales expected to increase 2-6% year-over-year.
Donaldson Company (NYSE: DCI) has declared a quarterly cash dividend of 27.0 cents per share, payable December 23, 2024, to shareholders of record on December 9, 2024. The company, a member of the S&P High-Yield Dividend Aristocrats Index, is set to mark its 29th consecutive year of annual dividend increases in 2024. Notably, Donaldson has maintained its tradition of paying quarterly cash dividends for 69 years. The company operates through three primary segments: Mobile Solutions, Industrial Solutions, and Life Sciences, with operations across six continents.
Donaldson Company (NYSE: DCI), a global filtration solutions provider, announced that Tod Carpenter, chairman, president, and CEO, will present at the Baird 2024 Global Industrial Conference in Chicago on Tuesday, November 12, at 1:45 p.m. CT. Founded in 1915, Donaldson operates through three primary segments: Mobile Solutions, Industrial Solutions, and Life Sciences, serving diverse industries with technology-led filtration products. The company employs skilled professionals across 140 locations on six continents, partnering with customers ranging from small businesses to major OEM brands.
Donaldson Company (NYSE: DCI), a global filtration solutions provider, announces its first quarter fiscal 2025 earnings conference call webcast scheduled for Tuesday, December 3, 2024, at 9:00 a.m. CT. The live webcast will be available through the 'Events & Presentations' section of Donaldson's Investor Relations website, with a replay accessible from approximately 12:00 p.m. CT the same day. Founded in 1915, Donaldson operates through three primary segments: Mobile Solutions, Industrial Solutions and Life Sciences, serving diverse industries from over 140 locations across six continents.
Donaldson Company (NYSE: DCI), a global filtration solutions provider, announced that Tod Carpenter, chairman, president, and CEO, will present at the Gabelli Funds 48th Annual Automotive Aftermarket Symposium on Monday, November 4th at 1:30 p.m. PDT. The presentation will be accessible via live webcast through Donaldson's Investor Relations website.
Founded in 1915, Donaldson operates through three primary segments: Mobile Solutions, Industrial Solutions, and Life Sciences. The company maintains a presence in over 140 locations across six continents, serving diverse industries from small businesses to major OEM brands with technology-led filtration solutions.
Donaldson Company (NYSE: DCI) announced that Chief Financial Officer Scott Robinson will retire effective October 31st, 2024. Brad Pogalz, currently vice president of global financial planning and analysis, will succeed him as CFO. Robinson will remain in an advisory role through December 6, 2024, to ensure a smooth transition. Pogalz, who has been with Donaldson for nine years, previously served as head of finance for EMEA and led investor relations, corporate communications, sustainability, and enterprise risk management.
Donaldson Company (NYSE: DCI) has announced its partnership with the 2026 Special Olympics USA Games to be held in Minneapolis, Minnesota. The filtration products provider will participate in key Games events and initiatives, host Special Olympic athletes at their Bloomington campus, and provide volunteer opportunities for employees. The partnership aligns with Donaldson's commitment to community impact and inclusion, joining other partners supporting the Games.
Donaldson Company, Inc. (NYSE: DCI) has announced the opening of a new distribution center in Olive Branch, Mississippi. This 200,000 square foot facility will strengthen Donaldson's ability to meet growing customer demand in the mobile solutions aftermarket business, serving sectors such as heavy-duty trucking, construction, mining, and agricultural equipment.
The new center will complement Donaldson's primary distribution center in Rensselaer, Indiana, enhancing overall capabilities and enabling more responsive customer service. This expansion reinforces Donaldson's commitment to operational excellence and maintaining industry-leading fill rates, ensuring customers receive products with speed and reliability to minimize downtime and maximize productivity.