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Kaon Interactive Powers Parker Hannifin's Digital Transformation to Drive Market Segment Growth
Prnewswire· 2024-06-26 21:45
HOUSTON, June 26, 2024 /PRNewswire/ -- Kaon Interactive, the leader in interactive marketing and sales applications for global B2B companies, is proud to announce its partnership with Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies. Kaon's digital interactive technology is set to enhance Parker Hannifin's customer engagement strategy, fostering adaptation in today's digital, fast-paced, and ever-evolving world. Parker has chosen the Kaon High Velocity Marketing P ...
Parker-Hannifin: 'ETF-Like' Industrial Dividend Giant Poised For Long-Term Gains
Seeking Alpha· 2024-06-13 18:11
malerapaso Introduction The other day, one of my readers brought up Parker-Hannifin Corp. (NYSE:PH) in a discussion about aerospace companies. Unfortunately, I do not remember which article that was. What I do know is that we were discussing suitable aerospace stocks that benefit from what is now an environment of strong tailwinds from both defense and commercial customers. For example, in a number of recent articles, I have brought up Airbus' (OTCPK:EADSF) outlook, which foresees close to 41 thousand n ...
Parker-Hannifin (PH) to Gain From Business Strength Amid Risks
ZACKS· 2024-06-04 01:01
Parker-Hannifin Corporation (PH) has been benefiting from strong momentum in commercial and military end markets across both OEM and aftermarket channels. The Aerospace Systems segment’s organic sales jumped 18% year over year in the third quarter of fiscal 2024 (ended March 2024). In the quarters ahead, the segment is poised to benefit from strong demand for its products and aftermarket support services in general aviation and military end markets.The company remains focused on acquiring businesses to gain ...
Parker's Promising Future Highlighted at Investor Day, Win Strategy™ Enables Sustainable Growth, New 5-Year Targets Announced
Newsfilter· 2024-05-17 05:00
Portfolio Aligned with Secular Trends Driving Long Term Growth Opportunities Parker's Business System The Win StrategyTM Proven to Deliver Top Quartile PerformanceOperational Excellence Creates Growth and Margin Expansion OpportunitiesAnnounces New 5-Year Financial Targets on Strength of People, Portfolio and Strategy CLEVELAND, May 16, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today hosted its 2024 investor meeting where members of ...
Parker's Promising Future Highlighted at Investor Day, Win Strategy™ Enables Sustainable Growth, New 5-Year Targets Announced
globenewswire.com· 2024-05-17 05:00
Portfolio Aligned with Secular Trends Driving Long Term Growth Opportunities Parker’s Business System The Win StrategyTM Proven to Deliver Top Quartile PerformanceOperational Excellence Creates Growth and Margin Expansion OpportunitiesAnnounces New 5-Year Financial Targets on Strength of People, Portfolio and Strategy CLEVELAND, May 16, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today hosted its 2024 investor meeting where members o ...
Parker(PH) - 2024 Q3 - Quarterly Report
2024-05-04 04:11
净销售额和净利润 - 公司在2024财年第一季度和前九个月的净销售额分别为5074百万美元和14743百万美元,净销售额占比分别为35.4%和35.7%[89] - 净利润分别为727百万美元和2060百万美元,净利润占比分别为14.3%和14.0%[89] 多元化工业部门 - Diversified Industrial Segment北美地区销售额在2024财年第一季度和前九个月分别下降4.7%和0.7%,国际销售额分别下降5.9%和1.2%[102][106] - 拉丁美洲市场销售增长主要来自汽车和轻型卡车、船舶和建筑设备市场的需求增加[110] - 北美业务的营运利润增加,国际业务保持稳定,主要是由于价格上涨、成本控制措施、适度的原材料成本和运营效率提高[111] - 公司实施的业务重组和收购整合措施导致北美和国际业务的运营收入增加[112] - 预计在2024财年剩余时间内将有约2,700万美元的额外业务重组和收购整合费用[113] - 多元化工业部门 backlog 在2024年3月31日减少至48亿美元,主要是因为北美和国际业务的发货超过订单[114] - 欧洲和亚太地区占据了国际业务 backlog 减少的约60%和40%[115] 航空航天系统部门 - 航空航天系统部门销售额在2024财年第一季度和前9个月增加,主要是由于所有业务的销量增加,特别是商用售后市场业务[118] - 航空航天系统部门运营利润在2024财年第一季度和前9个月增加,主要是由于销售量增加、有利的售后市场组合和较低的收购整合费用[119] - 预计在2024财年剩余时间内不会发生重大业务重组和收购整合费用[120] 资金流动和债务情况 - 资金流动方面,公司专注于管理库存和其他营运资本需求,预计通过营运现金流和商业票据计划满足未来的运营需求[128] - 公司的长期信用评级分别为Fitch Ratings BBB+,Moody's Investors Services, Inc. Baa1,Standard & Poor's BBB+[143] - 公司的债务与股东权益比率为0.50:1.0,低于最严格的财务契约规定的0.65:1.0[142] - 公司的债务组合包括期限贷款设施,截至2024年3月31日,已偿还与期限贷款设施相关的总额为2.5亿美元[141]
Parker(PH) - 2024 Q3 - Earnings Call Transcript
2024-05-03 02:50
财务数据和关键指标变化 - 第三季度销售额达51亿美元,同比略有增长 [16] - 调整后的分部营业利润率为24.7%,同比提升150个基点,所有分部均实现利润率扩张 [8] - 调整后每股收益增长10% [9] - 年初至今自由现金流率为12.6%,同比增长12.6% [9] 各条业务线数据和关键指标变化 - 航空航天业务需求保持强劲,是公司表现的主要驱动因素 [9] - 北美工业业务销售额为22亿美元,同比下降4.6%,符合预期,主要受到工程机械和运输市场疲软的影响 [25][26] - 尽管销量下降,但北美工业业务利润率仍提升120个基点至24.1%,创历史新高 [26] - 国际工业业务销售额为14亿美元,同比下降3.1%,符合预期,欧洲和亚太地区表现较弱,但拉美地区保持19%的强劲增长 [27][28] - 国际工业业务利润率提升10个基点至23.5%,创历史新高 [28] - 航空航天业务销售额创历史新高,达14亿美元,同比有机增长18%,商用航空后市场增长26% [30][31] - 航空航天业务利润率提升320个基点至26.7%,创历史新高 [31] 各个市场数据和关键指标变化 - 北美工业业务订单同比下降4%,符合预期,呈现逐步改善态势 [26] - 国际工业业务订单同比下降8%,欧洲市场较为疲软,亚太地区有所改善 [29] - 航空航天业务订单同比增长15%,保持强劲 [31] 公司战略和发展方向及行业竞争 - 公司正在通过"赢取战略"持续提升运营效率和竞争力,这是公司的核心业务系统 [10][11][12] - 公司的高绩效文化是其竞争优势,有助于提升员工敬业度和团队协作 [13][14] - 公司正在通过收购等方式不断优化和转型业务组合,以适应行业发展趋势 [15] 管理层对经营环境和未来前景的评论 - 管理层对航空航天业务的强劲需求以及公司转型后的业务组合表示乐观 [9] - 管理层认为公司有望继续保持强劲的现金流表现 [35] - 管理层表示公司正在密切关注宏观经济环境的变化,并将采取必要的应对措施 [29] 其他重要信息 - 公司董事会批准了10%的季度股息增长 [33] - 公司已提前完成了2.6亿美元的债务偿还,将在本财年内实现2倍的自由现金流 [36][37] - 公司将于5月16日举行投资者日,届时将分享更多关于公司转型和未来发展的信息 [46] 问答环节重要的提问和回答 问题1 **Scott Davis 提问** 询问公司在并购方面的计划和策略 [53][54][55] **Jennifer Parmentier 回答** 公司正在积极关注并购机会,但首要任务是尽快完成债务偿还目标,同时也在建立并购管线,关注既能带来增长、利润率和行业趋势的目标 [54][55] 问题2 **Andrew Obin 提问** 询问航空航天业务利润率持续提升的原因 [67][68][69] **Jennifer Parmentier 回答** 主要得益于商用航空后市场业务的强劲增长,以及军用航空后市场的良好表现,公司的多元化航空航天业务组合发挥了作用 [68][69] 问题3 **David Raso 提问** 询问国际工业业务在第四季度的预期表现 [79][80][81] **Jennifer Parmentier 回答** 国际工业业务在第三季度的订单下降,导致第四季度的销售预期有所下调,但公司将密切关注市场变化,并在适当时机做出调整 [80][81]
Parker(PH) - 2024 Q3 - Quarterly Results
2024-05-02 19:53
For Release: Immediately Exhibit 99.1 Contact: Media - Aidan Gormley - Director, Global Communications and Branding 216-896-3258 aidan.gormley@parker.com Financial Analysts - Jeff Miller - Vice President, Investor Relations 216-896-2708 jeffrey.miller@parker.com Stock Symbol: PH - NYSE Parker Reports Fiscal 2024 Third Quarter Results – 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 points – EPS were ...
Parker(PH) - 2024 Q2 - Quarterly Report
2024-02-06 20:41
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File number 1-4982 PARKER-HANNIFIN CORPORATION (Exact name of registrant as specified in its charter) Ohio 34-0451060 (State or other jurisdiction of (I ...
Parker(PH) - 2024 Q2 - Earnings Call Transcript
2024-02-02 02:42
Call Start: 11:00 January 1, 0000 11:49 AM ET Parker-Hannifin Corporation (NYSE:PH) Q2 2024 Earnings Conference Call February 01, 2024 11:00 AM ET Company Participants Jennifer A. Parmentier - Chairman and Chief Executive Officer Todd M. Leombruno - Executive Vice President and Chief Financial Officer Conference Call Participants Joe Ritchie - Goldman Sachs Julian Mitchell - Barclays Bank Scott Davis - Melius Research Nicole DeBlase - Deutsche Bank Nathan Jones - Stifel Mircea Dobre - Baird Joe O’Dea - Well ...