2015 Press Releases

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DateTitle 
05/05/15Kennametal Announces Fiscal Third Quarter 2015 Results, Additional Restructuring Initiatives
- Reported LPS of $0.58; adjusted EPS of $0.46 - Strong year-to-date free operating cash flow of $143 million from improved working capital management - Phase 1 and 2 restructuring--on track to deliver $90-$105 million of annualized savings - New restructuring program--Phase 3--expected to deliver $25-$30 million annualized savings; important step to expand margins and improve shareholder returns - Maintained guidance midpoint of $2.00 adjusted EPS through ongoing cost discipline ... 
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04/30/15Kennametal Earns Boeing Supplier Excellence Award For Quality And On-Time Delivery Performance
LATROBE, Pa., April 30, 2015 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced its selection as a recipient of the Boeing 2014 Silver Supplier Performance Excellence Award. The Boeing Company issues annual awards to suppliers that meet and exceed its exacting performance requirements for quality and delivery over a 12-month period. "It's an honor to be part of Boeing's world-class supply chain, and we are especially delighted to be recognized for delivery and premium quality produc... 
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04/14/15Kennametal (NYSE: KMT) Announces Conference Call & Webcast On Third Quarter Fiscal 2015 Earnings
LATROBE, Pa., April 14, 2015 /PRNewswire/ -- 10 a.m. Eastern Time, Tuesday, May 5, 2015 Hosted by: Donald Nolan – President and Chief Executive Officer Martha Fusco – Vice President Finance and Corporate Controller, Interim CFO 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 5, 2015 Celebrating more than 75 years as an industrial technology leader, Kennameta... 
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03/09/15Kennametal Named One Of The World's Most Ethical Companies For Fourth Consecutive Year
Recognition demonstrates Kennametal's commitment to ethical leadership LATROBE, Pa., March 9, 2015 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced that the company has been named for the fourth consecutive year among the World's Most Ethical Companies® by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices. The World's Most Ethical Companies designation recognizes organizations that lead in the standards and practices of ... 
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02/19/15Kennametal CFO Frank Simpkins To Retire
Interim CFO Established As Company Engages In External Search LATROBE, Pa., Feb. 19, 2015 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced that Vice President and Chief Financial Officer Frank Simpkins will retire from the company effective March 31, 2015. While conducting an external search for Simpkins' successor, the company named Vice President and Corporate Controller Martha Fusco to serve as interim CFO starting Feb. 23, 2015. "Frank Simpkins has served the company admirab... 
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01/29/15Kennametal Announces Fiscal Second Quarter 2015 Results And Accelerates Cost Reduction Initiatives
- Reported LPS of $4.89; adjusted EPS of $0.52, excluding restructuring and related charges, and asset impairment charges - Strong year-to-date free operating cash flow of $82 million - Existing restructuring primarily related to TMB -- Phase 1 -- on track for $50-$55 million savings - New restructuring program -- Phase 2 -- expected to deliver $40-$50 million savings; important step to expand margins and improve shareholder returns LATROBE, Pa., Jan. 29, 2015 /PRNewswire/ -- Kenname... 
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01/14/15Kennametal (NYSE: KMT) Announces Conference Call & Webcast On Second Quarter Fiscal 2015 Earnings
LATROBE, Pa. , Jan. 14, 2015 /PRNewswire/ -- 10 a.m. Eastern Time, Thursday, January 29, 2015 Hosted by: Donald A. Nolan – 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 "About Us", "Investor Relations", and then "Events" Replay available through March 1, 2015 Celebrating more than 75 years as an industrial technology leader, Kennametal I... 
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