Kennametal Inc

Kennametal Inc
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Kennametal Inc

 •  March 16

The current period reported results included restructuring and related charges of $0.13 per share and a discrete tax charge of $0.02 per share. The prior year quarter reported results included loss on divestiture of $1.20 per share, goodwill and other intangible asset impairment charges of $0.98 per share, restructuring and related charges of $0.08...

Kennametal Inc

 •  March 31, 2016

Exhibit 99.1 FOR IMMEDIATE RELEASE: DATE: May 2, 2016 Investor Relations CONTACT: Kelly Boyer PHONE: 412-248-8287 Corporate Relations - Media CONTACT: Christina Sutter PHONE: 724-539-5708 PITTSBURGH, Pa., (May 2, 2016) – Kennametal Inc. (NYSE: KMT) today reported results for the 2016 fiscal third quarter ended March 31, 2016, with earnings per...

Kennametal Inc

 •  November 4, 2015

Reported loss per diluted share (LPS) of $0.08, adjusted earnings per diluted share (EPS) of $0.14
Continued focus on improving working capital management, generated operating cash flow of $39 million despite pressure on earnings
Delivered incremental savings of $16 million from restructuring programs in the quarter; on track to deliver FY16...

Kennametal Inc

 •  July 30, 2015

Reported adjusted earnings per diluted share (EPS) of $0.46 for the quarter and $2.02 for the fiscal year
Record fiscal year free operating cash flow of $267 million
Restructuring savings of $17 million in the quarter and $77 million since inception; on track for $115-$135 million annualized savings
Increases quarterly dividend 11 percent to $0.20 ...

Kennametal Inc

 •  June 2, 2015

Proprietary ECM technology key to improved quality.
Fuel system manufacturers seeking the best fuel performance require flexible high-flow grinding and high-flow test capabilities to achieve finely tuned orifices in numerous design variations.
To this end, Kennametal Precision Surface Solutions® is announcing EXTRUDE HONE™ MF PROGRESS™, the next ...

Kennametal Inc

 •  May 5, 2015

(LATROBE, PA) – When machining tough materials like titanium, there is a need for a spindle connection that makes the best use of available power. Machinists are challenged to maximize metal-removal rates to achieve production efficiencies, yet face low cutting speeds and considerably higher cutting forces. In response, machine tool builders have ...

Kennametal Inc

 •  May 5, 2015

Aligns with company’s long-term growth strategies Expands presence in aerospace and energy end markets; further augments tooling portfolio Accelerates plans for advanced tungsten carbide facility; reduces planned capital expenditures by an estimated $30-$35 million Significant cost synergies estimated to be $30 to $40 million on annual basis; ...

Kennametal Inc

 •  May 5, 2015

LATROBE, Pa., November 12, 2012 –Kennametal Inc. (NYSE: KMT) announced today a hiring initiative to actively recruit former military personnel into manufacturing careers. This fiscal year, the company plans to hire 50 military veterans to join its talented workforce. To guide its efforts, Kennametal is actively participating in Hiring Our Heroes ...

Kennametal Inc

 •  May 5, 2015

Company Expands Program to Develop Future Workforce SOLON, Ohio, December 12, 2012 — Kennametal Inc. announced today the graduation of 26 Solon High School students from the inaugural class of its Kennametal Foundation “Young Engineers Program” in Ohio. Kennametal launched the Young Engineers Program in September 2011 in Latrobe, Pennsylvania, ...

Kennametal Inc

 •  May 5, 2015

Leading companies combine toolholding and wear-resistant solutions into revolutionary modular system Different Thinking is Better Thinking (LATROBE, PA) -- In an agreement signed earlier this year, Kennametal Inc. and Haimer GmbH have agreed to a revolutionary joint technology partnership and development cooperation for modular cutting tool ...