Parker Releases Supplemental Information on New Global Technology Platforms

 Parker Releases Supplemental Information on New Global Technology Platforms

PR Newswire

CLEVELAND, Sept. 5, 2013

CLEVELAND, Sept.5, 2013 /PRNewswire/ --Parker Hannifin Corporation (NYSE:
PH), the global leader in motion and control technologies, today released
supplemental sales information on three global technology platforms within its
Diversified Industrial Segment. As previously announced, the company will
have two reporting segments beginning in fiscal year 2014, Diversified
Industrial and Aerospace Systems. The company will continue to provide
supplemental sales and profitability data for North America and International
within the Diversified Industrial Segment.

(Logo: http://photos.prnewswire.com/prnh/19990816/PHLOGO)

The global technology platforms - Motion Systems, Flow and Process Control,
and Filtration and Engineered Materials - are strategically aligned based on
complementary technologies. The Motion Systems platform includes the
company's hydraulics, pneumatics and electromechanical product lines produced
by the Hydraulics and Automation groups. The Flow and Process Control
platform includes instrumentation, connectors and refrigeration offerings from
the Fluid Connectors and Instrumentation groups. The Filtration and
Engineered Materials platform includes filtration systems, filters, and
sealing and shielding products produced by the company's Filtration and
Engineered Materials groups. Historical quarterly sales data is included in
this press release and additional information is included in an Investor Fact
Book, linked here and available at Parker's investor information web site at
www.phstock.com.

"Parker has been transformed significantlythrough the successful
implementation of the Win Strategy," said Chairman, CEO and President, Don
Washkewicz. "We believe providing this additional information will bring more
transparency to investors about Parker's underlying businesses and will
broaden awareness of our competitive strengths. The information highlights
our global presence, sales channels, end markets, products and applications
and showcases the breadth of technologies across our Diversified Industrial
Segment that we draw on to meet our customers' needs."

With annual sales of $13 billion in fiscal year 2013, Parker Hannifin is the
world's leading diversified manufacturer of motion and control technologies
and systems, providing precision-engineered solutions for a wide variety of
mobile, industrial and aerospace markets. The company employs approximately
58,000 people in 49 countries around the world. Parker has increased its
annual dividends paid to shareholders for 57 consecutive fiscal years, among
the top five longest-running dividend-increase records in the S&P 500 index.
For more information, visit the company's web site at www.parker.com, or its
investor information web site at www.phstock.com.

Forward-Looking Statements
Forward-looking statements contained in this and other written and oral
reports are made based on known events and circumstances at the time of
release, and as such, are subject in the future to unforeseen uncertainties
and risks. All statements regarding future performance, earnings projections,
events or developments are forward-looking statements. It is possible that the
future performance and earnings projections of the company, including its
individual segments, may differ materially from current expectations,
depending on economic conditions within its mobile, industrial and aerospace
markets, and the company's ability to maintain and achieve anticipated
benefits associated with announced realignment activities, strategic
initiatives to improve operating margins, actions taken to combat the effects
of the current economic environment, and growth, innovation and global
diversification initiatives. A change in the economic conditions in individual
markets may have a particularly volatile effect on segment performance. Among
other factors which may affect future performance are: changes in business
relationships with and purchases by or from major customers, suppliers or
distributors, including delays or cancellations in shipments, disputes
regarding contract terms or significant changes in financial condition,
changes in contract cost and revenue estimates for new development programs
and changes in product mix; ability to identify acceptable strategic
acquisition targets; uncertainties surrounding timing, successful completion
or integration of acquisitions and similar transactions, including the
anticipated closing of the previously announced joint venture with GE
Aviation; the determination to undertake business realignment activities and
the expected costs thereof and, if undertaken, the ability to complete such
activities and realize the anticipated cost savings from such activities; the
ability to realize anticipated benefits of the consolidation of the Climate
and Industrial Controls Group; threats associated with and efforts to combat
terrorism; uncertainties surrounding the ultimate resolution of outstanding
legal proceedings, including the outcome of any appeals; competitive market
conditions and resulting effects on sales and pricing; increases in raw
material costs that cannot be recovered in product pricing; the company's
ability to manage costs related to insurance and employee retirement and
health care benefits; and global economic factors, including manufacturing
activity, air travel trends, currency exchange rates, difficulties entering
new markets and general economic conditions such as inflation, deflation,
interest rates and credit availability. The company makes these statements as
of the date of this disclosure, and undertakes no obligation to update them
unless otherwise required by law.



PARKER HANNIFIN CORPORATION
SUPPLEMENTAL NET SALES INFORMATION: BY GLOBAL TECHNOLOGY PLATFORM
(REFLECTS CONSOLIDATION OF CIC SEGMENT INTO INDUSTRIAL SEGMENT)
FY2013
(Unaudited)
(Dollars in    Three Months Ending                             Fiscal Year-to-Date
thousands)
               September   December    March 31,   June 30,    September   December    March 31,   June 30,
               30, 2012    31, 2012    2013        2013        30, 2012    31, 2012    2013        2013
Net sales

Diversified
Industrial:
 Motion   $       $       $       996,735     $       $        $        $   
Systems         995,146    934,647    971,684                995,146   1,929,793  2,901,477  3,898,212
 Flow
and Process    1,032,862   967,167     1,076,542   1,100,614   1,032,862   2,000,029   3,076,571   4,177,185
Control

Filtration and 645,844     635,025     680,789     710,934     645,844     1,280,869   1,961,658   2,672,592
Engineered
Materials
 Aerospace  541,083     528,656     578,026     619,950     541,083     1,069,739   1,647,765   2,267,715
Systems
Total          $        $        $        $        $        $        $        $  
               3,214,935  3,065,495  3,307,041  3,428,233  3,214,935  6,280,430  9,587,471  13,015,704
PARKER HANNIFIN CORPORATION
SUPPLEMENTAL NET SALES INFORMATION: BY GLOBAL TECHNOLOGY
PLATFORM
(REFLECTS CONSOLIDATION OF CIC SEGMENT INTO INDUSTRIAL
SEGMENT)
FY2012
(Unaudited)
(Dollars in    Three Months Ending                             Fiscal Year-to-Date
thousands)
               September   December    March 31,   June 30,    September   December    March 31,   June 30,
               30, 2011    31, 2011    2012        2012        30, 2011    31, 2011    2012        2012
Net sales

Diversified
Industrial:
 Motion   $        $        $        1,036,208   $        $        $        $   
Systems        1,037,584  1,000,066  1,062,112              1,037,584  2,037,650  3,099,762  4,135,970
 Flow
and Process    1,048,201   987,477     1,111,650   1,142,271   1,048,201   2,035,678   3,147,328   4,289,599
Control

Filtration and 650,604     622,784     677,041     667,197     650,604     1,273,388   1,950,429   2,617,626
Engineered
Materials
 Aerospace  497,492     496,505     542,760     565,990     497,492     993,997     1,536,757   2,102,747
Systems
Total          $        $        $        $        $        $        $        $  
               3,233,881  3,106,832  3,393,563  3,411,666  3,233,881  6,340,713  9,734,276  13,145,942
PARKER HANNIFIN CORPORATION
SUPPLEMENTAL NET SALES INFORMATION: BY GLOBAL TECHNOLOGY
PLATFORM
(REFLECTS CONSOLIDATION OF CIC SEGMENT INTO INDUSTRIAL
SEGMENT)
FY2011
(Unaudited)
(Dollars in    Three Months Ending                             Fiscal Year-to-Date
thousands)
               September   December    March 31,   June 30,    September   December    March 31,   June 30,
               30, 2010    31, 2010    2011        2011        30, 2010    31, 2010    2011        2011
Net sales

Diversified
Industrial:
 Motion   $       $       $        1,071,496   $       $        $        $   
Systems         890,554    905,251   1,017,929               890,554   1,795,805  2,813,734  3,885,230
 Flow
and Process    917,230     923,222     1,071,293   1,141,563   917,230     1,840,452   2,911,745   4,053,308
Control

Filtration and 584,809     578,561     647,075     674,903     584,809     1,163,370   1,810,445   2,485,348
Engineered
Materials
 Aerospace  436,680     459,630     503,806     521,868     436,680     896,310     1,400,116   1,921,984
Systems
Total          $        $        $        $        $        $        $        $  
               2,829,273  2,866,664  3,240,103  3,409,830  2,829,273  5,695,937  8,936,040  12,345,870





SOURCE Parker Hannifin Corporation

Website: http://www.phstock.com
Contact: Media - Aidan Gormley, Director, Corporate Communications
216/896-3258, aidan.gormley@parker.com, or Financial Analysts - Pamela
Huggins, Vice President & Treasurer 216/896-2240, phuggins@parker.com
 
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