Lincoln Electric - Economic Recovery Fuels Momentum!
Reading Time: 1 minute
Business Driver: Lincoln Electric Holdings (LECO) offers, among other products, arc welding, automated connection, assembly and cutting systems, as well as plasma and oxy-fuel cutting equipment. With the anticipated economic recovery, sales development is expected to pick up again. Additional momentum should come from automation technology and solutions for the manufacturing of wind turbines and the production of battery enclosures for electric vehicles. On October 30, the company impressed with an EPS increase of 15.42% to $2.47, while the...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
