-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師總結如下：LECO第一季業績超出預期，營運每股收益為2.50美元，超出市場普遍預期0.07美元；淨銷售額達11億美元，較去年同期成長11.7%，主要得益於7.8%的內生成長。強勁的業績反映了公司三大業務部門積極的定價策略，有效抵消了整體銷售下滑的影響。鑑於當前充滿挑戰的經營環境和持續的銷售下滑，我們認為這種定價策略是有效的。儘管受到產品組合和成本壓力的影響，調整後的營業利潤率仍維持在16.9%的穩定水平，與去年同期持平。美洲焊接業務的銷售額為7.06億美元，年增8.1%；哈里斯產品業務的銷售額為1.88億美元，年增42.3%，主要得益於41.4%的定價實現率。國際焊接業務面臨更嚴峻的挑戰，銷量下滑9.9%，但憑藉收購和有利的匯率，仍實現了3.6%的成長，營收達到2.27億美元。我們認為，LECO在執行定價策略的同時還能維持利潤率，這反映了其強大的營運紀律性。
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