Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Donaldson reports record results - Nonwovens Industry
Financial

Donaldson reports record results

Filtration specialist Donaldson Company reported record second quarter results. For the three-month period ended January 31, sales increased 8% to $581 million while income rose 11% to $75 million.

“We are pleased to reach the midpoint of our year with another strong performance as we established second quarter records in sales, operating margin and EPS,” says Bill Cook, chairman, president and CEO. “Sales in our Engine Proucts segment increased 12% as new equipment build rates at our global off-road and on-road OEM customers remained healthy. Within our Industrial Products segment, sales of our Torit dust collectors were strong this quarter.”

Expecting the full year to grow 7-12%, Donaldson executives report strength in the Americas, stability in Europe and improvements in China.

Add us as a preferred source on Google

Get the latest Nonwovens Industry news, insights and analysis in your Google Search and AI experiences.

Keep Up With Our Content. Subscribe To Nonwovens Industry Newsletters