Parker Reports Fiscal 2019 Second Quarter Results

Sales increased 3% to second quarter record $3.47 billion; organic sales increased 6%

As reported EPS were $2.36, or $2.51 adjusted
Total segment operating margins were a second quarter record at 16.4%
Adjusted total segment operating margins were 16.6%, a 170 bps year-over-year improvement
EBITDA margins were 17.0%, or 17.2% adjusted
Company increases fiscal 2019 full year EPS guidance

CLEVELAND, Jan. 31, 2019 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2019 second quarter ended December 31, 2018.  Fiscal 2019 second quarter sales increased 3% to $3.47 billion …

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