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LINCOLN ELECTRIC HOLDINGS, INC.

(LECO)
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Lincoln Electric : Establishes A New Face For Weld Fume Control Products

08/27/2021 EDT


Cleveland, OH - Lincoln Electric® has refreshed the exteriors of all weld fume control products, moving from red housing to an all-black look. All products will offer the same features and benefits. Only the look has changed.

The color scheme transition, which was prompted by customer feedback, gives a more industrial appearance to Lincoln Electric's diverse line of weld fume control products

Along with this refreshed look, the product categories now have a simplified name. Lincoln Electric offers a complete line of portable, stationary, and engineered solutions for welding fume control. These include all X-Tractor® Mini and Prism fume control products and accessories.

To simplify the transition, all products will maintain the same part numbers and prices as outlined in the February 1, 2021, price book.

The transition is part of Lincoln Electric's ongoing efforts to make fume management easier and help improve safety, productivity and efficiency in the welding environment.

For more information about Lincoln Electric's fume control equipment, systems and accessories, visit www.lincolnelectric.com.

Pkg. #851

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About Lincoln Electric
Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, robotic arc welding systems, plasma and oxyfuel cutting equipment and has a leading global position in the brazing and soldering alloys market. Headquartered in Cleveland, Ohio, Lincoln Electric has 63 manufacturing locations, including operations and joint ventures in 23 countries and a worldwide network of distributors and sales offices covering more than 160 countries. For more information about Lincoln Electric and its products and services, visit the company'swebsite at https://www.lincolnelectric.com.

Disclaimer

Lincoln Electric Holdings Inc. published this content on 27 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 September 2021 18:01:01 UTC.


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Sales 2021 3 205 M - -
Net income 2021 353 M - -
Net Debt 2021 414 M - -
P/E ratio 2021 24,5x
Yield 2021 1,42%
Capitalization 8 548 M 8 548 M -
EV / Sales 2021 2,80x
EV / Sales 2022 2,59x
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Free-Float 59,0%
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Mean consensus OUTPERFORM
Number of Analysts 10
Last Close Price 143,94 $
Average target price 146,43 $
Spread / Average Target 1,73%
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Managers and Directors
Christopher Lee Mapes Chairman, President & Chief Executive Officer
Gabriel Bruno Chief Financial Officer, Treasurer & Executive VP
Thomas Matthews Senior VP-Technology, Research & Development
Anthony K. Battle Chief Compliance Officer & SVP-Internal Audit
G. Russell Lincoln Independent Director
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