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] EDITOR NOTES: 1.This is not company news. 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Product Launches, Increased Dividends, and Consistent Sales Growth Drive Positive Outlook for Full-Year Earnings - Research
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