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Kennametal Inc (NYSE: KMT) delivers innovative metal cutting tools and wear-resistant solutions for industrial sectors worldwide. This news hub provides investors and industry professionals with timely updates on corporate developments, strategic initiatives, and operational milestones.
Access comprehensive coverage of Kennametal's latest press releases, product innovations, and market positioning. Our curated collection ensures you stay informed about earnings announcements, leadership updates, and technological advancements in materials science and manufacturing efficiency.
Key updates include quarterly financial results, partnership agreements, sustainability efforts, and global expansion activities. Bookmark this page for direct access to verified information from one of industrial technology's most established providers.
Kennametal (NYSE: KMT) will participate in the Morgan Stanley Virtual Annual Laguna Conference on September 14, 2021. The event will feature key representatives including Damon Audia, Vice President and CFO, and Kelly Boyer, Vice President of Investor Relations. Kennametal, a leader in industrial technology with over 80 years of experience, reported approximately $1.8 billion in revenues for fiscal 2021, serving customers in over 60 countries. For more information, visit www.kennametal.com.
Kennametal (NYSE: KMT) announced its virtual participation in the Seaport Research Partners Annual Summer Investor Conference on August 25, 2021. The event will feature key attendees including Damon Audia, Vice President and CFO, and Ryan Mills, Manager of Investor Relations. With over 80 years of experience, Kennametal generated approximately $1.8 billion in revenues in fiscal 2021, providing advanced materials and tooling solutions across various industries, helping customers maintain efficiency and precision.
Kennametal Inc. (KMT) reported strong fourth quarter results for fiscal 2021, achieving an EPS of $0.41, up from a loss of $0.11 a year prior. Adjusted EPS rose to $0.53 compared to $0.15. For the full fiscal year, EPS was $0.65 versus a loss last year. Sales increased by 36% year-over-year to $516 million, with significant growth in General Engineering and Aerospace sectors. The company also initiated a $200 million share repurchase program, showcasing confidence in future growth. Operating income improved to $61 million, reflecting successful implementation of cost-saving measures.
Kennametal (NYSE: KMT) will participate virtually in the Jefferies Industrial Conference on August 4, 2021. The event features key executives including Chris Rossi, President and CEO; Damon Audia, Vice President and CFO; and Kelly Boyer, Vice President of Investor Relations. Kennametal, a leader in industrial technology, generated nearly $1.9 billion in revenues in fiscal 2020 and employs about 9,000 people across more than 60 countries. The conference presents an opportunity for Kennametal to engage with investors and industry stakeholders.
Kennametal (NYSE: KMT) will hold its fourth quarter FY2021 earnings call on August 3, 2021, at 8 a.m. ET. The earnings release will be available on its website after market close on August 2, 2021.
The call will be hosted by Chris Rossi, President and CEO, and Damon Audia, Vice President and CFO. Interested parties can access the webcast via Kennametal's website.
With over 80 years in the industry, Kennametal generated nearly $1.9 billion in revenues in fiscal 2020, providing solutions across various sectors.
Kennametal (NYSE: KMT) will participate in the KeyBanc Industrials & Basic Materials Conference on June 2, 2021. Key executives attending the virtual event include Damon Audia, Vice President and CFO, and Kelly Boyer, Vice President of Investor Relations. Kennametal, a leader in industrial technology, reported nearly $1.9 billion in revenues in fiscal 2020 and employs approximately 9,000 people across more than 60 countries, delivering solutions in materials science and tooling.
Kennametal Inc. (NYSE: KMT) has appointed Sanjay Chowbey as President of Metal Cutting, effective June 14, 2021. Chowbey brings over 20 years of experience from companies like Flowserve and Danaher, enhancing the firm's strategic initiatives in Metal Cutting. Christopher Rossi, President and CEO, highlighted Chowbey's expertise in sales, marketing, and operations as vital for transforming the Metal Cutting segment and improving financial performance. Kennametal generated nearly $1.9 billion in revenues in fiscal 2020, serving clients in over 60 countries.
Kennametal (NYSE: KMT) will participate in the Goldman Sachs Industrials & Materials Conference on May 12, 2021. Key representatives include Damon Audia, VP and CFO, and Kelly Boyer, VP of Investor Relations. This event underscores Kennametal's commitment to engaging with investors and stakeholders. The company, a leader in industrial technology for over 80 years, reported nearly $1.9 billion in fiscal 2020 revenues and supports industries like aerospace and energy.
Kennametal Inc. (NYSE: KMT) reported fiscal 2021 Q3 results, achieving an EPS of $0.26, compared to $0.03 last year, though adjusted EPS fell to $0.32 from $0.46. Sales rose 10% sequentially to $485 million, with improvements noted across various sectors, despite ongoing supply chain challenges. Adjusted operating margins increased by 330 basis points. The company anticipates mid-single-digit sales growth for Q4 and ongoing cost-saving progress, expecting to reach $180 million in annualized savings from modernization efforts.
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