Parker s Promising Future Highlighted at Investor Day, Win Strategy™ Enables Sustainable Growth, New 5-Year Targets Announced tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.
Sales were a record at $5.07 billion; organic sales increased 1%Segment operating margin was 21.5%, or a record 24.7% adjusted, an increase of 150 basis.
Parker-Hannifin reported third-quarter fiscal 2024 sales growth of 0.3%, beating estimates. Orders were flat, but Aerospace Systems saw 15% increase. Adjusted EPS and margins improved. Outlook raised with EPS of $24.65-$24.85 and sales growth of 4%.
CLEVELAND, April 25, 2024 Parker Hannifin Corporation , the global leader in motion and control technologies, today announced that its Board of Directors has declared a quarterly cash dividend.