Lincoln Electric reports record Q2 sales of $969.6M; EPS up 36% to $2.18

LINCOLN ELECTRIC HOLDINGS INC

2022-Q2 EPS reported $4.30 revenue$1,895,037,000

Net sales $969.6M (+17.3% YoY); organic +20.5%; operating margin 17.3% record.
Record EPS $2.18 (+36.3%); Adjusted EPS $2.18 (+30.5%).
ROIC up 490 bps to 26.3%; returned $57.7M to shareholders in Q2.
Six-month sales $1.9B (+19.7%); adjusted operating income $331.2M vs $234.3M prior year.

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