Kennametal Recognized for Strategic Planning Success

Thursday May 3rd 2012 07:45:46 AM

LATROBE, Pa., May 3, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that it has received honorable recognition in the Richard Goodman Strategic Planning Award competition in the large for-profit category from the Association for Strategic Planning (ASP). Honorable recognition is awarded to those organizations that demonstrate strong planning efforts. Applicants were assessed by an expert judging panel on the following criteria: the use of cutting edge methodologies or processes in strategic planning, a robust performance measurement and management element linked to their strategic process, plan and execution and an improved organizational performance or outcome as a re...

Kennametal Management Presenting at Barrington Research Conference; Meeting with Financial Community in San Francisco & Denver

Tuesday May 1st 2012 04:30:35 PM

LATROBE, Pa., May 1, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Vice President and Chief Financial Officer Frank P. Simpkins will present at the Barrington Research Industrial & Business Services Conference on Tuesday, May 15, 2012 in Chicago.  Additionally, Chairman, President and Chief Executive Officer Carlos M. Cardoso will meet with various members of the financial community on Tuesday, May 22, 2012 in San Francisco and Wednesday, May 23, 2012 in Denver.   The presentation slides will be available on the company's website, www.kennametal.com, through June 22, 2012.  Once on the homepage, select "Investor Relations" and then "Events." Kennametal...

Kennametal Announces Record Third Quarter 2012 Results

Thursday April 26th 2012 08:02:53 AM

-- March quarter EPS of $0.93; includes $0.05 per share for acquisition related costs -- EPS and ROIC are March quarter records -- Deloro Stellite acquisition closed on March 1, 2012 LATROBE, Pa., April 26, 2012 /PRNewswire via COMTEX/ --Kennametal Inc. (NYSE: KMT) today reported fiscal 2012 third quarter earnings per diluted share (EPS) of $0.93 compared with prior year quarter reported EPS of $0.77. The current year EPS included acquisition related costs of $0.05 per share and the prior year EPS included restructuring and related charges of $0.06 per share. Carlos Cardoso, Kennametal's Chairman, President and Chief Executive Officer said, "The March quarter reflected ongoing global...

Kennametal Announces Conference Call and Webcast on Third Quarter Fiscal Year 2012 Earnings Results

Thursday April 12th 2012 04:32:42 PM

LATROBE, Pa., April 12, 2012 /PRNewswire via COMTEX/ --10 a.m. Eastern Time, Thursday, April 26, 2012 Hosted by: Carlos M. Cardoso - Chairman, President and Chief Executive Officer Frank P. Simpkins - Vice President and Chief Financial Officer Listen via real-time audio on the Kennametal website at www.kennametal.com Select "Investor Relations" and then "Events" Replay available through May 25, 2012 Kennametal Inc. (NYSE: KMT) delivers productivity to customers seeking peak performance in demanding environments by providing innovative custom and standard wear-resistant solutions. This proven productivity is enabled through our advanced materials sciences and application knowledge. Our...

Kennametal Named Among World's Most Ethical Companies

Friday March 16th 2012 08:00:10 AM

LATROBE, Pa., March 16, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that it has been named one of the World's Most Ethical Companies by The Ethisphere Institute, a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability. Kennametal was selected among the World's Most Ethical Companies for exhibiting leadership in promoting ethical business standards throughout its global operations and turning ethics into action by introducing innovative ideas and better business practices. "At Kennametal, ethics and integrity begin with our peopl...

Kennametal Management Meeting with Financial Community in Baltimore; Presenting at BB&T Commercial & Industrial Conference

Wednesday March 14th 2012 04:30:28 PM

LATROBE, Pa., March 14, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Chairman, President and Chief Executive Officer Carlos M. Cardoso will meet with various members of the financial community on Wednesday, March 28, 2012 in Baltimore, Maryland.  Mr. Cardoso will present at the BB&T Commercial & Industrial Conference on Thursday, March 29, 2012.  At this event, he will conduct a formal presentation at 9:40 AM Eastern time.  The presentation slides and conference audio replay will be available on the company's website, www.kennametal.com, through April 30, 2012.  Once on the homepage, select "Investor Relations" and then "Events." Kennametal Inc. (NYSE: K...

Kennametal Completes Acquisition of Deloro Stellite

Thursday March 1st 2012 04:00:49 PM

LATROBE, Pa., March 1, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that it has completed the previously announced acquisition of Deloro Stellite Group from private equity firm Duke Street. Deloro Stellite is a global manufacturer and provider of alloy-based critical wear solutions for extreme environments involving high temperature, corrosion and abrasion.  The company's proprietary metal alloys, materials expertise, engineering design and fabrication capabilities complement Kennametal's current business in the oil/gas, power generation, transportation and aerospace markets. Kennametal conducts acquisitions according to a disciplined process that is part of the ...

Kennametal Management Meeting with Financial Community in Boston, New York and Chicago

Thursday February 16th 2012 04:30:45 PM

LATROBE, Pa., Feb. 16, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Chairman, President and Chief Executive Officer Carlos M. Cardoso will meet with various members of the financial community on February 28 and 29, 2012 in Boston and New York.  In addition, Vice President and Chief Financial Officer Frank P. Simpkins will meet with various members of the financial community on March 5, 2012 in Chicago. The presentation slides will be available on the company's website, www.kennametal.com, through April 5, 2012.  Once on the homepage, select "Investor Relations" and then "Events." Kennametal Inc. (NYSE: KMT) delivers productivity to customers seeking peak ...

Kennametal Announces Record Second Quarter 2012 Results

Thursday January 26th 2012 07:31:00 AM

-- Record December quarter EPS of $0.91 and operating margin of 14.7 percent -- All-time record adjusted ROIC of 17.3 percent -- Increases EPS guidance to $3.70 to $3.90 from $3.60 to $3.85 -- Enters into a definitive agreement to acquire Deloro Stellite   LATROBE, Pa., Jan. 26, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today reported record fiscal 2012 second quarter earnings per diluted share (EPS) of $0.91 compared with prior year quarter reported EPS of $0.52.  The prior year EPS included restructuring and related charges of $0.05 per share. Carlos Cardoso, Kennametal's Chairman, President and Chief Executive Officer said "Kennametal again delivered strong re...

Kennametal to Acquire Deloro Stellite

Tuesday January 17th 2012 07:01:00 AM

Transaction will extend Kennametal's range of wear solutions LATROBE, Pa., Jan. 17, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that it has signed a definitive agreement to purchase the Deloro Stellite Group from Duke Street Capital for approximately euro 277 million.  The acquisition, which is expected to close in 60 to 90 days, remains subject to customary regulatory approval and negotiated conditions of closing. UK-based Deloro Stellite, with approximately euro 220 million in annual sales, is a global manufacturer and provider of alloy-based critical wear solutions for extreme environments involving high temperature, corrosion and abrasion. The company e...