2016 Press Releases

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11/29/16Kennametal National Campaign Raises $850,000 For United Way And Its Agencies
PITTSBURGH, Nov. 29, 2016 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that it has raised $850,000 in support of the United Way and its agencies during the company's 2016 North American campaign. Nearly 960 Kennametal team members pledged $470,000 to the campaign through annual contributions that will go directly back to their local communities. The company raised an additional $239,000 through a variety of events, most notably its annual Strategic Supplier Golf Outing. The Ken... 
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11/21/16Kennametal to attend Credit Suisse 4th Annual Industrials Conference
PITTSBURGH, Nov. 21, 2016 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today they will attend Credit Suisse 4th Annual Industrials Conference on November 30 and December 1, 2016 in Palm Beach, FL.  Jan Kees van Gaalen, Vice President & Chief Financial Officer and Kelly Boyer, Vice President, Investor Relations will be attending. The presentation slides will be available on the company's website www.kennametal.com, November 30, 2016.  Once on the homepage, select "About Us", "Investo... 
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11/09/16Kennametal to attend Global Mizuho Investor Conference
PITTSBURGH, Nov. 9, 2016 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today they will attend Global Mizuho Investor Conference on November 14, 2016 in New York City, NY.  Kelly Boyer, Vice President, Investor Relations, Sean Reilly, Director, Finance, Infrastructure Business Segment, and Andrew Demosthenous, Investor Relations Analyst will be attending. The presentation slides will be available on the company's website www.kennametal.com, November 14, 2016.  Once on the homepage, select... 
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10/26/16Kennametal Management to Host Analyst Day on November 3, 2016
PITTSBURGH, Oct. 26, 2016 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that it will host an Analyst Day for the financial community at its Global Technology Center in Latrobe, Pa., on Thursday, November 3, 2016. President and Chief Executive Officer Ronald De Feo, as well as key members of the senior management team, will provide an update on company strategy, market overview and opportunities, productivity improvements and other key initiatives for the future. In addition, on-... 
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10/26/16Kennametal Announces Fiscal 2017 First Quarter Results
PITTSBURGH, Oct. 26, 2016 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today reported results for the fiscal 2017 first quarter ended September 30, 2016, with loss per diluted share (LPS) of $0.27, compared with the prior year quarter LPS of $0.08. Adjusted earnings per diluted share (EPS) were $0.11 in the current quarter compared with adjusted EPS of $0.14 in the prior year quarter. The current period reported results included restructuring and related charges of $0.38 per share. The prior y... 
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10/10/16Kennametal (NYSE: KMT) Announces Conference Call & Webcast on First Quarter Fiscal 2017 Results
PITTSBURGH, Oct. 10, 2016 /PRNewswire/ -- 8:30 a.m. Eastern Time, Thursday, October 27, 2016 Hosted by: Ronald De Feo – President and Chief Executive Officer Jan Kees van Gaalen – Vice President and Chief Financial Officer Listen via real-time audio on the Kennametal website at www.kennametal.com Select "About Us", "Investor Relations", and then "Events" Replay available through November 27, 2016   At the forefront of advanced materials innovation for more than 75 years, Kennameta... 
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09/09/16Kennametal to host Investor Presentation at IMTS and attend 4th Annual Morgan Stanley Industrials Conference
PITTSBURGH, Sept 9, 2016 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today as part of their participation at the International Manufacturing Technology Show (IMTS), Kennametal will be hosting an investor presentation on Tuesday, September 13, at 11:30am. The following day, Kennametal will be attending the 4th Annual Laguna Conference Featuring Industrials, Freight Transportation, Autos, Airlines, Machinery, Aerospace & Defense and hosting one-on-one meetings with Jan Kees van Gaale... 
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09/01/16Sagar A. Patel, President Of Aircraft Turbine Systems Of Woodward, Inc., Joins Kennametal Board of Directors
PITTSBURGH, Sept. 1, 2016 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced the election of Sagar A. Patel to its board of directors. Mr. Patel, age 50, serves as the president of aircraft turbine systems of Woodward, Inc. "We are pleased to welcome Sagar Patel as a member of Kennametal's board of directors," said Larry Stranghoener, Kennametal chairman. "Sagar brings extensive experience in product and advanced manufacturing innovation, global operations and strategic growth are... 
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08/01/16Kennametal Announces Fourth Quarter And Fiscal 2016 Results; Provides Fiscal 2017 Outlook
PITTSBURGH, Aug. 1, 2016 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced fiscal 2016 and fourth quarter results. For fiscal 2016, the company reported a loss per diluted share (LPS) of $2.83, compared with a LPS of $4.71 in the prior year. Adjusted earnings per diluted share (EPS) were $1.11 in the current year compared to $2.00 in the prior year. For its fiscal fourth quarter, the company reported LPS of $0.83, compared with the prior year quarter EPS of $0.26. The current quarter a... 
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07/29/16Kennametal to attend Jefferies 2016 Industrial Conference
PITTSBURGH, July 29, 2016 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today they will attend Jefferies 2016 Industrial Conference on August 10, 2016 in New York City, NY.  Ron De Feo, President & Chief Executive Officer, Jan Kees van Gaalen, Vice President & Chief Financial Officer, and Kelly Boyer, Vice President, Investor Relations will be attending. The presentation slides will be available on the company's website www.kennametal.com, August 10, 2016.  Once on the homepage, ... 
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07/11/16Kennametal (NYSE: KMT) Announces Conference Call & Webcast On Fourth Quarter And Fiscal Year End 2016 Results
PITTSBURGH, July 11, 2016 /PRNewswire/ -- 8:30 a.m. Eastern Time, Tuesday, August 2, 2016 Hosted by: Ronald De Feo – President and Chief Executive Officer Jan Kees van Gaalen – Vice President and Chief Financial Officer Listen via real-time audio on the Kennametal website at www.kennametal.com  Select "About Us", "Investor Relations", and then "Events" Replay available through September 2, 2016 At the forefront of advanced materials innovation for more than 75 years, Kennameta... 
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05/26/16Kennametal to attend KeyBanc Capital Markets Industrial, Automotive & Transportation Conference
PITTSBURGH, May 26, 2016 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today they will attend KeyBanc Capital Markets Industrial, Automotive & Transportation Conference on June 1, 2016 in Boston, MA.  Ronald De Feo, President & Chief Executive Officer and Jan Kees van Gaalen, Vice President & Chief Financial Officer will be attending. The presentation slides will be available on the company's website www.kennametal.com, June 1, 2016.  Once on the homepage, select "About Us", ... 
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05/20/16Kennametal to attend Barrington Research 10th Annual Spring Investment Conference
PITTSBURGH, May 20, 2016 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today they will attend Barrington Research 10th Annual Spring Investment Conference on May 25, 2016 in Chicago, IL. Jan Kees van Gaalen, Vice President & Chief Financial Officer, Kelly Boyer, Vice President, Investor Relations and Patrick Watson, Vice President, Finance - Industrial will be attending. The presentation slides will be available on the company's website www.kennametal.com, May 25, 2016. Once on the h... 
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05/02/16Kennametal Announces Fiscal 2016 Third Quarter Results
PITTSBURGH, May 2, 2016 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today reported results for the 2016 fiscal third quarter ended March 31, 2016, with earnings per diluted share (EPS) of $0.20, compared with the prior year quarter loss per diluted share (LPS) of $0.58. Adjusted EPS were $0.37 in the current quarter compared with $0.46 in the prior year quarter. The company generated year-to-date free operating cash flow of $67 million compared with $143 million in the same period last year. Fis... 
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04/19/16Kennametal (NYSE: KMT) Announces Conference Call & Webcast on Third Quarter Fiscal 2016 Results
PITTSBURGH, April 19, 2016 /PRNewswire/ -- 8:30 a.m. Eastern Time, Tuesday, May 3, 2016  Hosted by:  Ronald De Feo – President and Chief Executive Officer  Jan Kees van Gaalen – Vice President and Chief Financial Officer  Listen via real-time audio on the Kennametal website at www.kennametal.com  Select "About Us", "Investor Relations", and then "Events"  Replay available through June 3, 2016 At the forefront of advanced materials innovation for more than 75 years, Kennametal... 
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04/18/16Kennametal Signs Five-Year Loan Agreement with Enhanced Covenants
PITTSBURGH, April 18, 2016 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today the signing of a $600 million five-year credit agreement. This syndicated bank facility amends and restates Kennametal's prior loan agreement. It contains enhanced covenant adjustments relative to the company's amended 2010 agreement. "We are very pleased with our banking partners' confidence in and support of Kennametal. This five-year agreement meaningfully extends our debt maturity profile and provides ... 
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03/14/16Kennametal to attend BB&T 10th Annual Commercial & Industrial Investor Conference
PITTSBURGH, March 14, 2016 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today they will attend BB&T 10th Annual Commercial & Industrial Investor Conference on March 23, 2016 in Coral Gables, FL.  Ronald De Feo, President & Chief Executive Officer, Jan Kees van Gaalen, Vice President & Chief Financial Officer and Kelly Boyer, Vice President, Investor Relations will be attending. The presentation slides will be available on the company's website www.kennametal.com, March 2... 
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03/07/16Kennametal Named One Of World's Most Ethical Companies By The Ethisphere Institute For Fifth Consecutive Year
PITTSBURGH, March 7, 2016 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced that it has been recognized as one of 2016's World's Most Ethical Companies by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices. This marks the fifth consecutive year that Kennametal has received the World's Most Ethical Companies distinction, which recognizes organizations that excel in three areas – promoting ethical business standards and prac... 
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03/01/16Kennametal's Cheryl Bush Receives Women In Manufacturing STEP Award
PITTSBURGH, March 1, 2016 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Director of Global Strategic Pricing Cheryl Bush received honors in the 4th Women in Manufacturing STEP (Science, Technology, Engineering and Production) Awards presented by The Manufacturing Institute. The STEP Awards recognize women at all levels, from the factory floor to the C-suite, who have demonstrated leadership excellence in modern manufacturing. The awards are part of the larger STEP Ahead In... 
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02/09/16MSA Safety Inc., Chairman, President and CEO William M. Lambert Joins Kennametal Board Of Directors
PITTSBURGH, Feb. 9, 2016 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced the election of William M. Lambert to its board of directors. Mr. Lambert, age 57, serves as the chairman, president and chief executive officer of MSA Safety Inc. "We are pleased to welcome Bill Lambert as a member of Kennametal's board of directors," said Larry Stranghoener, Kennametal chairman. "Bill brings a reputation for innovation and a winning track record at driving profitable growth at MSA." M... 
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02/04/16Kennametal Board Appoints Ronald M. DeFeo Chief Executive Officer
- Built Terex into a global industrial equipment leader during more than two decades at helm PITTSBURGH, Feb. 4, 2016 /PRNewswire/ -- The board of directors of Kennametal Inc. (NYSE: KMT) today announced the appointment of board member Ronald M. DeFeo as the company's president and chief executive officer (CEO), effective immediately. DeFeo replaces Donald Nolan, who has left the company to pursue other interests after serving as president and CEO since Nov. 17, 2014. "We have determine... 
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02/03/16Kennametal Announces Fiscal Second Quarter 2016 Results, Completes Sale Of Non-Core Businesses
- Reported loss per diluted share (LPS) of $2.12, adjusted earnings per diluted share (EPS) of $0.14 - Completed sale of non-core businesses; loss on divestiture of $133 million or $1.20 per share - Non-cash, goodwill and other intangible assets impairment charge of $108 million or $0.98 per share - Continued focus on improving working capital management, generated operating cash flow of $103 million despite pressure on earnings - Delivered incremental savings of $13 million from res... 
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01/19/16Kennametal (NYSE: KMT) Announces Conference Call & Webcast on Second Quarter Fiscal 2016 Results
PITTSBURGH, Jan. 19, 2016 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today 11 a.m. Eastern Time, Wednesday, February 3, 2016 Hosted by: Donald Nolan – President and Chief Executive Officer Jan Kees van Gaalen – Vice President and Chief Financial Officer Listen via real-time audio on the Kennametal website at www.kennametal.com Select "About Us", "Investor Relations", and then "Events" Replay available through March 3, 2016 At the forefront of advanced materials innovati... 
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01/06/16Kennametal Names Kelly Boyer Vice President of Investor Relations
PITTSBURGH, Jan. 6, 2016 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced that Kelly Boyer has been named Vice President, Investor Relations. In this role, Boyer will be responsible for Kennametal's global investor relations strategy. Boyer has more than 30 years of experience in investor relations, mergers and acquisitions, corporate finance and treasury. She joins Kennametal from Kelly Boyer & Associates where she served as president of a consulting firm focused on investor r... 
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