Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 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: 000-03134 Park-Ohio Holdings Corp. (Exact name of registrant as specified in its charter) O ...

ParkOhio Announces Strong First Quarter 2024 Results • Net sales of $418 million compared to $424 million in Q1 2023 • GAAP EPS from continuing operations improved 36% to $0.83 per diluted share, up from $0.61 in Q1 2023; Adjusted EPS from continuing operations of $0.85 per diluted share, up 18% vs. $0.72 in Q1 2023 • Gross margin of 17.1% improved 120 basis points year-over-year • EBITDA, as defined was $38 million, an increase of 19% compared to Q1 2023 • Full year 2024 outlook unchanged CLEVELAND, OHIO, ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year 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: 000-03134 PARK-OHIO HOLDINGS CORP. (Exact name of registrant as specified in its charter) Ohio 3 ...

财务数据和关键指标变化 - 2023年全年收入创历史新高,达17亿美元,同比增长11% [12][15] - 2023年全年调整后每股收益为3.07美元,同比增长74% [20] - 2023年全年毛利率提升230个基点至16.4% [21] - 2023年全年调整后营业利润增长86%至9000万美元 [23] - 2023年全年EBITDA增长33%至1.34亿美元 [25] - 2023年全年经营活动现金流为5300万美元,自由现金流为2500万美元 [25] - 2023年第四季度收入为3.89亿美元,同比增长2% [26] - 2023年第四季度调整后每股收益为0.54美元 [27] 各条业务线数据和关键指标变化 供应技术分部 - 2023年全年收入创纪录,达7.63亿美元,同比增长7% [28] - 2023年全年营业利润增长29%至5900万美元,毛利率提升130个基点至7.7% [29] 装配部件分部 - 2023年全年收入增长10%至4.28亿美元 [31] - 2023年全年调整后营业利润大幅增长,毛利率提升750个基点 [31] 工程产品分部 - 2023年全年收入增长19%至4.69亿美元 [33] - 2023年全年设备订单为1.75亿美元,期末设备订单backlog为1.62亿美元 [33] - 2023年全年售后服务和备件业务收入增长18% [33] 各个市场数据和关键指标变化 - 航空航天和国防市场需求强劲,2023年全年销售增长26% [29] - 半导体设备市场需求持续旺盛,公司正在积极跟进 [52][57] - 基础设施和绿色能源等政府投资驱动的行业保持相对强劲 [8] 公司战略和发展方向及行业竞争 - 公司正在优化业务结构,减少资本密集型业务,提高运营效率和现金流 [7][28][31][33] - 公司通过创新和差异化产品如专有紧固件等,在电动化和混合动力汽车领域保持竞争优势 [50] - 公司积极拓展全球市场,尤其是在德国等制造业中心的业务 [70][71] - 公司将通过整合EMA等收购,加强在感应加热设备等领域的全球竞争力 [40][41] 管理层对经营环境和未来前景的评论 - 公司预计2024年收入将实现中单位数增长,盈利和EBITDA也将同比改善 [36] - 公司看好航空航天、国防、半导体和基建等行业的发展前景 [8][29][39] - 公司将继续专注于提升运营效率、增加毛利率和产生更多现金流 [9] 其他重要信息 - 公司2023年第四季度完成了铝制品业务的出售,获得约5000万美元现金 [14] - 公司2月完成了对德国EMA公司的收购,预计将为公司带来协同效应 [40][41] 问答环节重要的提问和回答 问题1 **Christian Zyla 提问** 2024年收入增长指引中,价格和销量的贡献比例如何?还有什么因素可能推动公司超出中单位数增长? [46][47][48][49][50][51] **Matthew Crawford 回答** 公司业务多元化,大部分业务在北美,受益于该地区相对较好的经济环境。2023年的价格提升将在2024年体现。公司创新产品如专有紧固件有望带来增量,工程产品业务强劲的订单backlog也将支撑增长。总的来说,公司有多方面的增长潜力。 [47][48][49][50][51] 问题2 **Dave Storms 提问** 2023年自由现金流表现不错,公司在这方面有什么经验教训?未来现金流改善的潜力在哪里? [76][77][78][79] **Patrick Fogarty 回答** 2023年第四季度现金流改善得益于销售略有下降,公司得以回收应收账款。未来公司将继续聚焦于降低营运资金,2023年业务增长17亿美元仅使用了8%的额外营运资金,还有进一步优化的空间。此外,出售铝制品业务也将有助于改善现金流状况。 [77][78][79] 问题3 **Brian Sponheimer 提问** 公司规模的扩大是否使得你们在寻找合适的并购标的方面有了更多机会? [94][95][96][97][98] **Matthew Crawford 和 Patrick Fogarty 回答** 公司并不单纯追求规模,而是关注能否为现有业务带来战略价值的标的。公司建立了广泛的行业关系网,不仅来自投行,也来自内部业务部门,这使得公司能够发掘更多符合标准的潜在目标。公司将继续保持谨慎和纪律,关注能为公司带来协同效应的收购机会。 [94][95][96][97][98]

Park-Ohio Holdings Corp. Fourth Quarter 2023 Earnings Call Presentation March 6, 2024 Forward-Looking Statements and Non-GAAP Measures Theseslidescontain forward-lookingstatements,includingstatementsregardingfutureperformanceoftheCompany,thataresubjecttoknown andunknown risks,uncertaintiesandotherfactorsthatmaycauseouractualresults,performanceandachievements,orindustryresults,tobemateriallydifferentfromanyfuture results,performanceorachievementsexpressedorimpliedbysuchforward-lookingstatements.Thesefactorst ...

EXHIBIT 99.1 ParkOhio Announces Fourth Quarter and Full Year 2023 Results and the Acquisition of EMA Indutec GmbH Fourth quarter: • Net sales from continuing operations of $389 million, up 2% year-over-year • GAAP EPS from continuing operations of $0.54 per diluted share, up from a loss of $(0.58) per diluted share a year ago • Q4 results impacted by United Auto Workers strike at light vehicle and heavy truck plants • Strong Q4 operating cash flows of $29 million and free cash flow of $22 million • Complete ...

Park-Ohio Holdings Corp. (NASDAQ:PKOH) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants Matthew Crawford - Chairman, Chief Executive Officer and President Patrick Fogarty - Vice President and Chief Financial Officer Conference Call Participants David Storms - Stonegate Capital Markets Christian Zyla - KeyBanc Capital Markets Operator Good morning, and welcome to the Park-Ohio Third Quarter 2023 Results Conference Call. [Operator Instructions] Today's conference is also reco ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 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: 000-03134 Park-Ohio Holdings Corp. (Exact name of registrant as specified in its charte ...

Park-Ohio Holdings Corp. (NASDAQ:PKOH) Q2 2023 Earnings Conference Call August 3, 2023 10:00 AM ET Company Participants Matthew Crawford - Chairman, President and Chief Executive Officer Pat Fogarty - Chief Financial Officer Conference Call Participants Steve Barger - KeyBanc Capital Markets Yilma Abebe - JPMorgan Dave Storms - Stonegate Operator Good morning and welcome to the ParkOhio Second Quarter 2023 Results Conference Call. [Operator Instructions] Before we get started, I want to remind everyone that ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 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: 000-03134 Park-Ohio Holdings Corp. (Exact name of registrant as specified in its charter) Oh ...