Product Launches, Increased Dividends, and Consistent Sales Growth Drive Positive Outlook for Full-Year Earnings - Research

   Product Launches, Increased Dividends, and Consistent Sales Growth Drive
Positive Outlook for Full-Year Earnings - Research Report on Pentair, Valmont,
                     Hexcel, Snap-on and Lincoln Electric

Editor Note: For more information about this release, please scroll to bottom.

PR Newswire

NEW YORK, July 25, 2013

NEW YORK, July 25, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Pentair,
Inc. (NYSE: PNR), Valmont Industries, Inc. (NYSE: VMI), Hexcel Corp. (NYSE:
HXL), Snap-on Inc. (NYSE: SNA) and Lincoln Electric Holdings Inc. (NASDAQ:
LECO). Today's readers may access these reports free of charge - including
full price targets, industry analysis and analyst ratings - via the links
below.

Pentair, Inc. Research Report

On July 11, 2013, Pentair Inc. (Pentair) announced that it has declared a
regular quarterly cash dividend of $0.25 per share. Pentair stated that the
dividends will be payable on August 9, 2013 to shareholders of record at the
close of the business on July 26, 2013. Pentair reported that it has increased
its dividend for 37 consecutive years. The Company also reported that it has
paid dividends of $0.23 per share in both Q1 2013 and Q2 2013. The Full
Research Report on Pentair, Inc. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.investorsreports.com/report/2013-07-23/PNR]

Valmont Industries, Inc. Research Report

On July 17, 2013, Valmont Industries, Inc. (Valmont) reported its Q2 2013
financial results with sales growth of 14.5% YoY to $878.7 million. Operating
income was $144.3 million compared to $97.4 million in Q2 2012. According to
the press release, each reportable segment posted sales increases, which drove
record Q2 total sales. The Company said that the recent acquisitions
contributed to majority of the sales increases in its Engineered
Infrastructure Products and Coatings Segments, while demand growth drove the
majority of the sales increases in the Irrigation and Utility Support
Structures Segments. Mogens C. Bay, Valmont's Chairman and Chief Executive
Officer stated, "Our current second half outlook is for positive consolidated
sales and earnings comparisons, although at less favorable comparisons than
experienced in the first half. At this time we believe our full-year fully
diluted earnings per share will exceed $11.00 per share." The Full Research
Report on Valmont Industries, Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.investorsreports.com/report/2013-07-23/VMI]

Hexcel Corp. Research Report

On July 22, 2013, Hexcel Corp. (Hexcel) reported its Q2 2013 financial
results, with sales of $422.6 million, a 5.9% YoY increase. The Company's
adjusted net income was $49.1 million, representing a 15.0% YoY growth.
Adjusted diluted EPS was $0.48, higher as compared to $0.42 in Q2 2012.
Adjusted operating income was $71.9 million, compared to $64.4 million in Q2
2012. Chief Executive Officer David E. Berges commented, "This was another
strong quarter for Hexcel, as solid execution combined with increased sales to
yield excellent results. We are also particularly pleased that our adjusted
operating income was 17.0% of net sales for the quarter, 90 basis points
better than last year. This quarter also marked the first flight of the A350
XWB the newest Airbus offering with over 50% composite structure. The A350 XWB
will be a key contributor to Hexcel's future and involves shipments to over 40
customers in 14 different countries." The Company reaffirmed its full-year
2013 outlook with adjusted diluted EPS in the range of $1.73 to $1.83. The
Full Research Report on Hexcel Corp. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.investorsreports.com/report/2013-07-23/HXL]

Snap-on Inc. Research Report

On July 18, 2013, Snap-On Inc. (Snap-On) reported its Q2 2013 financial
results with sales of $764.1 million, a 3.6% YoY growth. Its operating
earnings (before financial services) came in at $117.8 million, compared with
$104.6 million in Q2 2012. Net earnings came in at $88.4 million, or $1.50 per
diluted share, compared with $76.4 million or $1.30 in Q2 2012. Nick Pinchuk,
Snap-on Chairman and Chief Executive Officer, said, "Again this quarter, we
achieved higher year-over-year sales and increased operating income in spite
of ongoing headwinds in specific parts of our business, and we continued to
progress in those strategic areas of importance that we've identified as being
decisive to our future." Snap-on stated that it anticipates capital
expenditures in 2013 to be in a range of $70 million to $80 million and that
its full year 2013 effective income tax rate will be comparable to its 2012
rate. The Full Research Report on Snap-on Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.investorsreports.com/report/2013-07-23/SNA]

Lincoln Electric Holdings Inc. Research Report

On July 22, 2013, Lincoln Electric Holdings Inc. (Lincoln Electric) unveiled
Lincolnweld 842-H, a submerged arc flux designed to meet specific welding
requirements for the offshore construction industry. Its key features include:
ultra-low diffusible hydrogen, consistent impact toughness, outstanding bead
profile, excellent AC and DC operation, high operator appeal and robust
design. According to the Company, this neutral welding flux lowers the risk
for delayed cracking and is capable of exceeding impact toughness requirements
at -60°C (-76°F) and Crack Tip Open Displacement toughness at -10°C (14°F).
The Full Research Report on Lincoln Electric Holdings Inc. - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.investorsreports.com/report/2013-07-23/LECO]

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