Articles from Donaldson Company, Inc.
Donaldson Reports Record First Quarter Fiscal 2025 Sales and Earnings
Donaldson Company, Inc. (NYSEDCI) (Donaldson or the Company), a global leader in technology-led filtration products and solutions, today reported first quarter fiscal 2025 generally accepted accounting principles (GAAP) net earnings of $99.0 million, compared with $92.1 million in fiscal 2024. First quarter 2025 GAAP earnings per share (EPS)1 were $0.81 compared with 2024 EPS of $0.75. First quarter 2025 adjusted EPS2,3 was $0.83. The tables attached to this press release include a reconciliation of GAAP to non-GAAP measures.
By Donaldson Company, Inc. · Via Business Wire · December 3, 2024
Donaldson Company Declares Quarterly Cash Dividend
Donaldson Company, Inc. (NYSEDCI) today announced that its Board of Directors declared a regular cash dividend of 27.0 cents per share. The dividend is payable December 23, 2024, to shareholders of record on December 9, 2024. Donaldson is a member of the S&P High-Yield Dividend Aristocrats Index and calendar year 2024 will mark the 29th consecutive year of annual dividend increases. The Company has paid a cash dividend every quarter for 69 years.
By Donaldson Company, Inc. · Via Business Wire · November 22, 2024
Donaldson Company to Present at the Baird 2024 Global Industrial Conference
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Tod Carpenter, chairman, president, and chief executive officer will present at the Baird 2024 Global Industrial Conference in Chicago, Illinois on Tuesday, November 12, beginning at 1:45 p.m. CT.
By Donaldson Company, Inc. · Via Business Wire · November 7, 2024
Donaldson to Webcast First Quarter Fiscal 2025 Earnings Conference Call
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, will webcast its first quarter 2025 earnings conference call on Tuesday, December 3, 2024, at 9:00 a.m. CT.
By Donaldson Company, Inc. · Via Business Wire · November 1, 2024
Donaldson Company to Present at the Gabelli Funds 48th Annual Automotive Aftermarket Symposium
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Tod Carpenter, chairman, president, and chief executive officer will present at the Gabelli Funds 48th Annual Automotive Aftermarket Symposium on Monday, November 4th, beginning at 1:30 p.m. PDT.
By Donaldson Company, Inc. · Via Business Wire · October 31, 2024
Donaldson Announces Scott Robinson to Retire and Brad Pogalz to Become Chief Financial Officer
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Scott Robinson, chief financial officer, will retire from his current role effective October 31st, 2024. Brad Pogalz, currently vice president, global financial planning and analysis, will assume the role of chief financial officer. Mr. Robinson will remain in an advisory role through December 6, 2024, working closely with Mr. Pogalz to ensure a smooth transition.
By Donaldson Company, Inc. · Via Business Wire · October 29, 2024
Donaldson Announces Official Partnership with the 2026 Special Olympics USA Games
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, announced that it has committed to be a partner of the 2026 Special Olympics USA Games set to take place in June 2026 in Minneapolis, Minnesota.
By Donaldson Company, Inc. · Via Business Wire · October 23, 2024
Donaldson Announces New Distribution Center to Serve its Mobile Solutions Aftermarket Filter Business
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration solutions, proudly announces the opening of its newest distribution center in Olive Branch, Mississippi. This new facility will further strengthen Donaldson's ability to meet growing customer demand in the mobile solutions aftermarket business, including the heavy-duty trucking, construction, mining, and agricultural equipment sectors.
By Donaldson Company, Inc. · Via Business Wire · October 15, 2024
Donaldson Company to Present at the CL King 22nd Annual Best Ideas Conference
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Scott Robinson, chief financial officer will present at the CL King 22nd Annual Best Ideas Conference on Monday, September 16, 2024, beginning at 12:30 p.m. ET.
By Donaldson Company, Inc. · Via Business Wire · September 12, 2024
Donaldson Company to Present at the Jefferies Industrials and Morgan Stanley 12th Annual Laguna Conferences
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Tod Carpenter, chairman, president, and chief executive officer will present at the Jefferies Industrials Conference on Thursday, September 5, 2024, beginning at 1:55 p.m. ET. Mr. Carpenter will also present at the Morgan Stanley 12th Annual Laguna Conference on Wednesday, September 11, 2024, beginning at 3:15 p.m. ET.
By Donaldson Company, Inc. · Via Business Wire · September 3, 2024
Donaldson Reports Record Fourth Quarter and Fiscal Year 2024 Sales and Earnings
Donaldson Company, Inc. (NYSEDCI) (Donaldson or the Company), a global leader in technology-led filtration products and solutions, today reported fiscal 2024 generally accepted accounting principles (GAAP) net earnings of $109.7 million in the fourth quarter and $414.0 million for the full year, compared with $91.9 million and $358.8 million, respectively, in fiscal 2023. Fiscal 2024 GAAP earnings per share (EPS)12 were $0.90 in the fourth quarter and $3.38 for the full year, compared with $0.75 and $2.90, respectively, in fiscal 2023. Fourth quarter and full-year 2024 adjusted EPS3 were $0.94 and $3.42, respectively, compared to $0.78 and $3.04, respectively, in fiscal 2023. The tables attached to this press release include a reconciliation of GAAP to non-GAAP measures.
By Donaldson Company, Inc. · Via Business Wire · August 28, 2024
Donaldson Completes Acquisition of 49% Minority Stake in Medica S.p.A.
Donaldson Company, Inc. (NYSEDCI) (Donaldson or the Company), a leading worldwide provider of innovative filtration products and solutions, today announced it has completed its previously announced acquisition of a 49% ownership stake in Medica S.p.A. (Medica) for approximately €62 million, excluding transaction-related fees and expenses. This acquisition supports Donaldson’s strategy of building and expanding the capabilities of its Life Sciences business.
By Donaldson Company, Inc. · Via Business Wire · August 12, 2024
Donaldson to Webcast Fourth Quarter Fiscal 2024 Earnings Conference Call
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, will webcast its fourth quarter 2024 earnings conference call on Wednesday, August 28, 2024, at 9:00 a.m. CT.
By Donaldson Company, Inc. · Via Business Wire · August 1, 2024
Donaldson Company Declares Quarterly Cash Dividend
Donaldson Company, Inc. (NYSEDCI) today announced that its Board of Directors declared a regular cash dividend of 27.0 cents per share. The dividend is payable August 28, 2024, to shareholders of record on August 13, 2024. Donaldson is a member of the S&P High-Yield Dividend Aristocrats Index and calendar year 2023 marked the 28th consecutive year of annual dividend increases. The Company has paid a cash dividend every quarter for 68 years.
By Donaldson Company, Inc. · Via Business Wire · July 26, 2024
Donaldson Foundation Announces Recipient of $100K Challenge Grant
Donaldson Company, Inc. (NYSEDCI), a leading worldwide manufacturer of innovative filtration products and solutions, is pleased to announce that DonorsChoose, an education equity organization, is this year’s recipient of the Donaldson Foundation $100K Challenge grant. The $100K Challenge is a grant program based on a selected theme defined by the Foundation Board of Directors. This year’s theme was childhood education.
By Donaldson Company, Inc. · Via Business Wire · July 17, 2024
Donaldson Company, Inc., Through Its Univercells Technologies Business, Expands Their Relationship With the Gene Therapy Program at the University of Pennsylvania to Evaluate Certain Bioreactors for Scalable Gene Therapy Production
Donaldson (NYSEDCI), a global provider of innovative biomanufacturing technologies, with its Univercells Technologies business, announces that the Gene Therapy Program at the University of Pennsylvania (GTP) is expanding its evaluation agreement aimed at determining the scalability of GTP’s gene therapy product manufacturing using Univercells Technologies’ bioreactors. GTP is an academic program focused on genetic medicines led by James M. Wilson, MD, PhD, the Rose H. Weiss Professor and Director of the Orphan Disease Center and a professor of Medicine and Pediatrics at the Perelman School of Medicine.
By Donaldson Company, Inc. · Via Business Wire · July 16, 2024
Donaldson Company Announces Leadership Role Changes
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced the following leadership role changes effective August 1, 2024:
By Donaldson Company, Inc. · Via Business Wire · June 24, 2024
Donaldson Reports Record Third Quarter Fiscal Year 2024 Sales and Earnings
Donaldson Company, Inc. (NYSEDCI) (Donaldson or the Company), a global leader in technology-led filtration products and solutions, today reported third quarter fiscal 2024 generally accepted accounting principles (GAAP) net earnings of $113.5 million, compared with $93.7 million in fiscal 2023. Third quarter 2024 GAAP earnings per share (EPS)1 were $0.92 compared with 2023 earnings per share of $0.76.
By Donaldson Company, Inc. · Via Business Wire · June 4, 2024
Donaldson Company Increases Quarterly Cash Dividend 8.0%
Donaldson Company, Inc. (NYSEDCI) today announced that its Board of Directors declared a regular cash dividend of 27.0 cents per share, an increase of 8.0% from the prior quarterly dividend of 25.0 cents per share. The dividend is payable June 28, 2024, to shareholders of record on June 17, 2024. Donaldson is a member of the S&P High-Yield Dividend Aristocrats Index and calendar year 2023 marked the 28th consecutive year of annual dividend increases. The Company has paid a cash dividend every quarter for 68 years.
By Donaldson Company, Inc. · Via Business Wire · May 31, 2024
Donaldson to Present at the Stifel 2024 Cross Sector Insight and William Blair 44th Annual Growth Stock Conferences
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Tod Carpenter, chairman, president, and chief executive officer will present at the Stifel 2024 Cross Sector Insight Conference on Wednesday, June 5, 2024, beginning at 8:10 a.m. CT. Mr. Carpenter will also present at the William Blair 44th Annual Growth Stock Conference on Thursday, June 6, 2024, beginning at 10:00 a.m. CT.
By Donaldson Company, Inc. · Via Business Wire · May 30, 2024
Donaldson Employees Recognized at May 13, 2024, Patent Recipient and Inventor Awards
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, celebrated its 2024 patent recipients and Inventor Award winners. One hundred individuals were recognized this year for their valuable contributions to Donaldson’s innovative leadership in technology-led filtration products and solutions.
By Donaldson Company, Inc. · Via Business Wire · May 14, 2024
Donaldson and PolyPeptide Partner to Improve Sustainability in Peptide Manufacturing with Solvent Recovery Technology
Donaldson Company, Inc. (NYSEDCI), a leading worldwide manufacturer of innovative filtration and separation products and solutions, and PolyPeptide Group AG (SIX: PPGN), a global leader in peptide manufacturing, today announced their collaboration on the development of a production scale solvent recovery system for use in peptide purification. Peptides are used as the active pharmaceutical ingredient (API) in therapeutic areas, which continue to broaden and include metabolic disorders, oncology, infectious diseases, orphan diseases, cardiovascular, neurology or gastro-enterology applications.
By Donaldson Company, Inc. · Via Business Wire · May 13, 2024
Donaldson Announces Integrated Lentiviral Vector Manufacturing Platform Development
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, announced its Isolere Bio (Isolere) and Univercells Technologies businesses are developing an integrated upstream and downstream platform for viral vector manufacturing. The first phase will focus on lentivirus (LV) manufacturing, concentrating on improving recoveries with a scalable process while keeping the manufacturing footprint small.
By Donaldson Company, Inc. · Via Business Wire · May 8, 2024
Donaldson Company to Present at the Oppenheimer 19th Annual Industrial Growth Conference
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Scott Robinson, chief financial officer will present at the Oppenheimer 19th Annual Industrial Growth Conference on Monday, May 6, 2024, beginning at 12:00 p.m. ET.
By Donaldson Company, Inc. · Via Business Wire · May 2, 2024
Donaldson to Webcast Third Quarter Fiscal 2024 Earnings Conference Call
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, will webcast its third quarter 2024 earnings conference call on Tuesday, June 4, 2024, at 9:00 a.m. CT.
By Donaldson Company, Inc. · Via Business Wire · May 1, 2024
Donaldson Enters into Agreement to Acquire Minority Stake in Medica, S.p.A.
Donaldson Company, Inc. (NYSEDCI) (Donaldson or the Company), a leading worldwide provider of innovative filtration products and solutions, today announced it has entered into a definitive agreement allowing the Company to purchase a 49% stake in Medica S.p.A. (Medica). Medica is a leader in hollow fiber membrane filtration technology for medical device applications and water purification. Headquartered in Medolla, Italy, the Company has over 700 employees globally and generated €80 million of revenue in calendar 2023.
By Donaldson Company, Inc. · Via Business Wire · April 29, 2024
Donaldson Company Releases Fiscal Year 2023 Sustainability Report
Donaldson Company, Inc. (NYSEDCI), a leading worldwide manufacturer of innovative filtration products and solutions, today published its fiscal 2023 Sustainability Report. The report details progress made towards the Company’s sustainability goals, referenced as the “2030 Ambitions.” These goals include reducing greenhouse emissions (GHG), improving gender and racial/ethnic representation, protecting the health and safety of employees, and positively impacting communities and are a part of Donaldson’s sustainability strategy – Filtration for a Thriving Future. The progress made reflects the Company’s investments in pursuing and advancing its environmental, social and governance (ESG) efforts.
By Donaldson Company, Inc. · Via Business Wire · April 16, 2024
Donaldson Reports Record Second Quarter Fiscal Year 2024 Sales and Earnings
Donaldson Company, Inc. (NYSEDCI) (Donaldson or the Company), a global leader in technology-led filtration products and solutions, today reported second quarter fiscal 2024 generally accepted accounting principles (GAAP) net earnings of $98.7 million, compared with $86.0 million in fiscal 2023. Second quarter 2023 earnings include pre-tax restructuring and other charges of $9.3 million largely related to the Company’s organizational redesign. Second quarter 2024 GAAP earnings per share (EPS)1 were $0.81 compared with 2023 GAAP and adjusted earnings per share of $0.70 and $0.75, respectively. The tables attached to this press release include a reconciliation of GAAP to non-GAAP measures.
By Donaldson Company, Inc. · Via Business Wire · February 28, 2024
Donaldson Company to Present at the Citi 2024 Global Industrial Tech and Mobility Conference
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Tod Carpenter, chairman, president, and chief executive officer will present at the Citi 2024 Global Industrial Tech and Mobility Conference in Miami, Florida on Tuesday, February 20, beginning at 7:10 a.m. ET.
By Donaldson Company, Inc. · Via Business Wire · February 16, 2024
Donaldson to Webcast Second Quarter Fiscal 2024 Earnings Conference Call
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, will webcast its second quarter 2024 earnings conference call on Wednesday, February 28, 2024, at 9:00 a.m. CT.
By Donaldson Company, Inc. · Via Business Wire · February 1, 2024
Donaldson Company Declares Quarterly Cash Dividend
Donaldson Company, Inc. (NYSEDCI) today announced that its Board of Directors declared a regular cash dividend of 25.0 cents per share. The dividend is payable February 28, 2024, to shareholders of record on February 12, 2024. Donaldson is a member of the S&P High-Yield Dividend Aristocrats Index and calendar year 2023 marked the 28th consecutive year of annual dividend increases. The Company has paid a cash dividend every quarter for 68 years.
By Donaldson Company, Inc. · Via Business Wire · January 25, 2024
Donaldson Reports First Quarter Fiscal Year 2024 Sales and Earnings
Donaldson Company, Inc. (NYSEDCI) (Donaldson or the Company), a global leader in technology-led filtration products and solutions, today reported first quarter fiscal 2024 generally accepted accounting principles (GAAP) net earnings of $92.1 million, compared with $87.2 million in fiscal 2023. First quarter 2023 earnings include restructuring and other charges of $7.6 million largely related to the Company’s organizational redesign. First quarter 2024 GAAP earnings per share (EPS)1 were $0.75 compared with 2023 GAAP and adjusted earnings per share of $0.70 and $0.75, respectively. The tables attached to this press release include a reconciliation of GAAP to non-GAAP measures.
By Donaldson Company, Inc. · Via Business Wire · November 29, 2023
Donaldson Company Announces Quarterly Cash Dividend and New Share Repurchase Program
Donaldson Company, Inc. (NYSEDCI) today announced that its Board of Directors declared a regular cash dividend of 25.0 cents per share and authorized a new share repurchase program.
By Donaldson Company, Inc. · Via Business Wire · November 17, 2023
Donaldson Company Invests in New Life Sciences Technical Center
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, announced its commitment to broadening its life sciences reach with the opening of a 25,000-square-foot life sciences technical center in Research Triangle Park (RTP). Donaldson brands located or under development at the facility include Isolere Bio, Purilogics, Solaris Biotech and Univercells Technologies.
By Donaldson Company, Inc. · Via Business Wire · November 9, 2023
Donaldson Company to Present at the Baird 2023 Global Industrial Conference
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Tod Carpenter, chairman, president, and chief executive officer will present at the Baird 2023 Global Industrial Conference in Chicago, Illinois on Tuesday, November 7, beginning at 3:30 p.m. CT.
By Donaldson Company, Inc. · Via Business Wire · November 3, 2023
Donaldson to Webcast First Quarter Fiscal 2024 Earnings Conference Call
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, will webcast its first quarter 2024 earnings conference call on Wednesday, November 29, 2023, at 9:00 a.m. CT.
By Donaldson Company, Inc. · Via Business Wire · November 2, 2023
Donaldson Company to Present at the Gabelli Funds 47th Annual Automotive Aftermarket Symposium
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Tod Carpenter, chairman, president, and chief executive officer will present at the Gabelli Funds 47th Annual Automotive Aftermarket Symposium on Monday, October 30, beginning at 11:30 a.m. PDT.
By Donaldson Company, Inc. · Via Business Wire · October 26, 2023
Donaldson to Present at the Jefferies Industrials Conference and the Morgan Stanley 11th Annual Laguna Conference
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Tod Carpenter, chairman, president, and chief executive officer, will present at the Jefferies Industrials Conference on Wednesday, September 6, 2023, beginning at 12:00 p.m. CT. Mr. Carpenter will also present at the Morgan Stanley 11th Annual Laguna Conference on Tuesday, September 12, 2023, beginning at 4:00 p.m. CT.
By Donaldson Company, Inc. · Via Business Wire · September 1, 2023
Donaldson Reports Fourth Quarter and Record Fiscal Year 2023 Sales and Earnings
Donaldson Company, Inc. (NYSEDCI) (Donaldson or the Company), a global leader in technology-led filtration products and solutions, today reported fiscal 2023 generally accepted accounting principles (GAAP) net earnings of $91.9 million in the fourth quarter and $358.8 million for the full year, compared with $101.1 million and $332.8 million, respectively, in fiscal 2022. Fourth quarter and fiscal 2023 earnings include restructuring and other charges1 of $4.9 million and $21.8 million, respectively. Fourth quarter and fiscal 2022 earnings include $3.4 million of charges related to the conflict in Eastern Europe1. Fiscal 2023 GAAP earnings per share (EPS)2 were $0.75 in the fourth quarter and $2.90 for the full year, compared with $0.81 and $2.66, respectively, in fiscal 2022. Fourth quarter and full-year 2023 adjusted EPS3 were $0.78 and $3.04, respectively, compared to $0.84 and $2.68, respectively, in fiscal 2022. The tables attached to this press release include a reconciliation of GAAP to non-GAAP measures.
By Donaldson Company, Inc. · Via Business Wire · August 29, 2023
U.S. Auto, Truck and Equipment Customers to Benefit from New Donaldson and NAPA Auto Parts Partnership
Today, Donaldson Company, Inc. (NYSEDCI), a leading worldwide manufacturer of innovative filtration products and solutions, and NAPA Auto Parts network of stores that distribute automotive replacement parts, accessories, and service items, announced their new partnership. As a result, Donaldson will supply the NAPA Gold product offering of heavy-duty air filtration products available within the vast NAPA United States network.
By Donaldson Company, Inc. · Via Business Wire · August 9, 2023
Donaldson to Webcast Fourth Quarter Fiscal 2023 Earnings Conference Call
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, will webcast its fourth quarter 2023 earnings conference call on Tuesday, August 29, 2023, at 9:00 a.m. CT.
By Donaldson Company, Inc. · Via Business Wire · August 3, 2023
Donaldson Company Declares Quarterly Cash Dividend
Donaldson Company, Inc. (NYSEDCI) today announced that its Board of Directors declared a regular cash dividend of 25.0 cents per share. The dividend is payable August 30, 2023, to shareholders of record on August 15, 2023. Donaldson is a member of the S&P High-Yield Dividend Aristocrats Index and calendar year 2022 marked the 27th consecutive year of annual dividend increases. The Company has paid a cash dividend every quarter for 67 years.
By Donaldson Company, Inc. · Via Business Wire · July 28, 2023
Donaldson Acquires Univercells Technologies, Broadens Life Sciences Reach
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced the acquisition of Univercells Technologies, a global producer of innovative biomanufacturing solutions for cell and gene therapy research, development and commercial manufacturing.
By Donaldson Company, Inc. · Via Business Wire · June 29, 2023
Donaldson to Present at the William Blair 43rd Annual Growth Stock and Stifel 2023 Cross Sector Insight Conferences
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Tod Carpenter, chairman, president, and chief executive officer will present at the William Blair 43rd Annual Growth Stock Conference on Tuesday, June 6, 2023, beginning at 4:00 p.m. CT. Mr. Carpenter will present at the Stifel 2023 Cross Sector Insight Conference on Wednesday, June 7, 2023, beginning at 9:55 a.m. CT.
By Donaldson Company, Inc. · Via Business Wire · June 5, 2023
Donaldson Reports Record Third Quarter 2023 Sales and Earnings
Donaldson Company, Inc. (NYSEDCI) (Donaldson or the Company) today reported fiscal third quarter 2023 net earnings of $93.7 million, a 13.0% increase from $83.0 million in 2022. Earnings per share (EPS) for the third quarter 2023 increased to $0.76 from $0.67 in the prior year.
By Donaldson Company, Inc. · Via Business Wire · May 31, 2023
Donaldson Company Announces Quarterly Cash Dividend Increase of 8.7%
Donaldson Company, Inc. (NYSEDCI) today announced that its Board of Directors declared a regular cash dividend of 25.0 cents per share, an increase of 8.7% from the prior quarterly dividend of 23.0 cents per share. The dividend is payable June 23, 2023, to shareholders of record on June 7, 2023. Donaldson is a member of the S&P High-Yield Dividend Aristocrats Index and calendar year 2022 marked the 27th consecutive year of annual dividend increases. The Company has paid a cash dividend every quarter for 67 years.
By Donaldson Company, Inc. · Via Business Wire · May 24, 2023
Donaldson Employees Recognized at May 8, 2023, Patent Recipient and Inventor Awards
Donaldson Company, Inc. (NYSEDCI), a leading worldwide manufacturer of innovative filtration products and solutions, has announced its 2023 patent recipients and Inventor Award winners, in recognition of employee contributions to maintaining Donaldson’s technology leadership in the markets the company serves.
By Donaldson Company, Inc. · Via Business Wire · May 8, 2023
Donaldson Company to Present at the Oppenheimer 18th Annual Industrial Growth Conference
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Tod Carpenter, chairman, president, and chief executive officer will present at the Oppenheimer 18th Annual Industrial Growth Conference on Tuesday, May 9, 2023, beginning at 8:15 a.m. EST.
By Donaldson Company, Inc. · Via Business Wire · May 5, 2023
Donaldson to Webcast Third Quarter Fiscal 2023 Earnings Conference Call
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, will webcast its third quarter 2023 earnings conference call on Wednesday, May 31, 2023, at 9:00 a.m. CT.
By Donaldson Company, Inc. · Via Business Wire · May 4, 2023
Donaldson Company Announces 2030 Environmental and Social Ambitions
Donaldson Company, Inc. (NYSEDCI), a leading worldwide manufacturer of innovative filtration products and solutions, today announced new 2030 goals that include reducing greenhouse emissions, improving gender and racial/ethnic representation, protecting the health and safety of employees, and positively impacting communities as part of its new sustainability strategy – Filtration for a Thriving Future. The new strategy and 2030 ambitions reflect Company investments to prioritize, pursue and advance its environmental, social and governance (ESG) efforts. Donaldson released the new strategy and ambitions as part of its fiscal year 2022 Sustainability Report.
By Donaldson Company, Inc. · Via Business Wire · April 4, 2023
Donaldson Company Hosts 2023 Investor Day, Unveils 2026 Financial Targets
Donaldson Company, Inc. (NYSEDCI) will host an Investor Day in Bloomington, MN today, Tuesday, April 4, 2023 at 8:00 a.m. C.T. to provide an in-depth review of the company’s strategy, growth drivers, and financial objectives, as well as key initiatives related to innovation and ESG. The event will feature presentations and question and answer sessions with the Company’s senior leadership team.
By Donaldson Company, Inc. · Via Business Wire · April 4, 2023
New Donaldson Alpha-Web® Media Technology Provides Hydraulic Fluid That Is up to Four Times Cleaner
Donaldson Company, Inc. (NYSEDCI), a leading worldwide manufacturer of innovative filtration solutions has released Alpha-Web® filtration media. This new hydraulic filtration technology significantly improves hydraulic fluid cleanliness which can extend hydraulic component life, decrease downtime and lower the cost of equipment ownership.
By Donaldson Company, Inc. · Via Business Wire · March 9, 2023
Donaldson Reports Record Second Quarter 2023 Sales and Earnings
Donaldson Company, Inc. (NYSEDCI) (Donaldson or the Company) today reported fiscal second quarter 2023 generally accepted accounting principles (GAAP) net earnings of $86.0 million, a 19.8% increase from $71.8 million in 2022. Second quarter 2023 earnings include $9.3 million of non-recurring charges(1). GAAP and adjusted earnings per share (EPS)(2),(3) for the second quarter 2023 increased to $0.70 and $0.75, respectively, from $0.57 in the prior year. The tables attached to this press release include a Reconciliation of Non-GAAP Financial Measures.
By Donaldson Company, Inc. · Via Business Wire · March 1, 2023
Donaldson Acquires Isolere Bio, Continuing to Build Life Sciences Business
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced the acquisition of Isolere Bio, Inc. (Isolere), an early-stage biotechnology company that develops novel and proprietary IsoTag™ reagents and accompanying filtration processes used for the purification and streamlined manufacturing of biopharmaceuticals. Aimed initially at the purification of viral vectors used for cell and gene therapies, IsoTag™ reagents are designed to substantially improve product quality and purity with faster timelines compared to competing solutions, enabling accelerated and more affordable delivery of life-changing therapies to patients globally.
By Donaldson Company, Inc. · Via Business Wire · February 21, 2023
Donaldson Company to Host 2023 Investor Day
Donaldson Company, Inc. (NYSEDCI) today announced that it will host an Investor Day in Bloomington, MN on Tuesday, April 4, 2023 at 8:00 a.m. CT.
By Donaldson Company, Inc. · Via Business Wire · February 7, 2023
Donaldson to Webcast Second Quarter Fiscal 2023 Earnings Conference Call
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, will webcast its second quarter 2023 earnings conference call on Wednesday, March 1, 2023, at 9:00 a.m. CT.
By Donaldson Company, Inc. · Via Business Wire · February 2, 2023
Donaldson Company Declares Quarterly Cash Dividend
Donaldson Company, Inc. (NYSEDCI) today announced that its Board of Directors declared a regular cash dividend of 23.0 cents per share. The dividend is payable February 27, 2023, to shareholders of record on February 10, 2023. Donaldson is a member of the S&P High-Yield Dividend Aristocrats Index and calendar year 2022 marked the 27th consecutive year of annual dividend increases. The Company has paid a cash dividend every quarter for 67 years.
By Donaldson Company, Inc. · Via Business Wire · January 26, 2023
Donaldson Introduces Torit® Downflo® Ambient Weld Fume Extractor
Donaldson Company, Inc. (NYSEDCI), a leading worldwide manufacturer of innovative filtration products and solutions, has released the Torit® Downflo® Ambient (DFA) weld fume extractor that gives fabricators the ability to weld in a variety of different workstation configurations.
By Donaldson Company, Inc. · Via Business Wire · January 23, 2023
Donaldson Introduces Managed Filtration Services For Industrial Filtration Equipment
Donaldson Company, Inc. (NYSEDCI), a leading worldwide manufacturer of innovative filtration products and solutions, introduces Managed Filtration Services, an industry-leading consultative, comprehensive and connected solution for industrial filtration customers.
By Donaldson Company, Inc. · Via Business Wire · January 16, 2023
Donaldson Company Reports Record First Quarter 2023 Sales and Earnings
Donaldson Company, Inc. (NYSEDCI) (Donaldson or the Company) today reported fiscal first quarter 2023 generally accepted accounting principles (GAAP) net earnings of $87.2 million, a 13.1% increase from $77.1 million in 2022. First quarter 2023 earnings include $7.6 million of charges related to the Company’s previously announced organizational redesign(1). GAAP and adjusted earnings per share (EPS)(2),(3) for the first quarter 2023 increased to $0.70 and $0.75, respectively, from $0.61 in the prior year. The tables attached to this press release include a reconciliation of GAAP to non-GAAP measures.
By Donaldson Company, Inc. · Via Business Wire · November 30, 2022
Donaldson Company to Present at the Credit Suisse 10th Annual Industrials Conference
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Tod Carpenter, chairman, president, and chief executive officer will present at the Credit Suisse 10th Annual Industrials Conference on Thursday, December 1, 2022, beginning at 10:15 a.m. EST.
By Donaldson Company, Inc. · Via Business Wire · November 29, 2022
Donaldson Company Declares Quarterly Cash Dividend
Donaldson Company, Inc. (NYSEDCI) today announced that its Board of Directors declared a regular cash dividend of 23.0 cents per share. The dividend is payable December 20, 2022, to shareholders of record on December 5, 2022. Donaldson is a member of the S&P High-Yield Dividend Aristocrats Index and calendar year 2022 marks the 27th consecutive year of annual dividend increases. The Company has paid a cash dividend every quarter for 67 years.
By Donaldson Company, Inc. · Via Business Wire · November 18, 2022
Donaldson Company to Present at the Baird 2022 Global Industrial Conference
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Tod Carpenter, chairman, president, and chief executive officer will present at the Baird 2022 Global Industrial Conference in Chicago, Illinois on Tuesday, November 8, beginning at 10:15 a.m. CST.
By Donaldson Company, Inc. · Via Business Wire · November 4, 2022
Donaldson to Webcast First Quarter Fiscal 2023 Earnings Conference Call
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, will webcast its first quarter 2023 earnings conference call on Wednesday, November 30, 2022, at 9:00 a.m. CST.
By Donaldson Company, Inc. · Via Business Wire · November 3, 2022
Donaldson Company to Present at the Gabelli Funds 46th Annual Automotive Aftermarket Symposium
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Tod Carpenter, chairman, president, and chief executive officer will present virtually at the Gabelli Funds 46th Annual Automotive Aftermarket Symposium on Monday, October 31, beginning at 1:00 p.m. PDT.
By Donaldson Company, Inc. · Via Business Wire · October 27, 2022
Donaldson’s new iCue™ Monitor Service Can Improve Dust Collector Uptime
Donaldson Company, Inc. (NYSEDCI), a leading worldwide manufacturer of innovative filtration products and solutions, has expanded its iCue™ Connected Filtration Service to offer remote monitoring of customers’ iCue service accounts by Donaldson Product Specialists, accelerating dust collector response and service.
By Donaldson Company, Inc. · Via Business Wire · October 24, 2022
Donaldson Company Announces New Leadership Appointments to Strengthen Position for Future Growth
Donaldson Company, Inc. (NYSEDCI) today announced new leadership appointments as part of an ongoing broader organizational redesign aimed at better-positioning the company to serve its end market customers. Once completed, the redesign is expected to allow the company to more efficiently direct resources to strengthen commercial execution.
By Donaldson Company, Inc. · Via Business Wire · October 4, 2022
Donaldson Company to Present at the Morgan Stanley 10th Annual Laguna Conference
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Tod Carpenter, chairman, president, and chief executive officer will present at the Morgan Stanley 10th Annual Laguna Conference on Thursday, September 15, beginning at 2:00 p.m. PST.
By Donaldson Company, Inc. · Via Business Wire · September 12, 2022
Donaldson Reports Record Fourth Quarter and Full-Year 2022 Earnings; Issues Full-Year 2023 Guidance
Donaldson Company, Inc. (NYSEDCI) (Donaldson or the Company) today reported fiscal 2022 generally accepted accounting principles (GAAP) net earnings of $101.1 million in the fourth quarter and $332.8 million for the full year, compared with $84.3 million and $286.9 million, respectively, in fiscal 2021. Fourth quarter and fiscal 2022 earnings include $3.4 million of charges related to the conflict in Eastern Europe1. Full-year fiscal 2021 included $14.8 million of restructuring charges. Fiscal 2022 GAAP earnings per share (EPS)2 were $0.81 in the fourth quarter and $2.66 for the full year, compared with $0.66 and $2.24, respectively, in fiscal 2021. Fourth quarter and full-year 2022 adjusted EPS3 were $0.84 and $2.68, respectively. Full-year fiscal 2021 adjusted EPS were $2.32. The tables attached to this press release include a reconciliation of GAAP to non-GAAP measures.
By Donaldson Company, Inc. · Via Business Wire · August 31, 2022
Donaldson Company to Present at the Jefferies Industrials Conference
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Tod Carpenter, chairman, president, and chief executive officer will present at the Jefferies Industrials Conference on Tuesday, August 9, beginning at 11:30 a.m. EDT.
By Donaldson Company, Inc. · Via Business Wire · August 5, 2022
Donaldson to Webcast Fourth Quarter and Full-Year Fiscal 2022 Earnings Conference Call
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, will webcast its fourth quarter and full-year fiscal 2022 earnings conference call on Wednesday, August 31, 2022, at 9:00 a.m. CDT.
By Donaldson Company, Inc. · Via Business Wire · August 4, 2022
Donaldson Company Declares Quarterly Cash Dividend
Donaldson Company, Inc. (NYSEDCI) today announced that its Board of Directors declared a regular cash dividend of 23.0 cents per share. The dividend is payable August 31, 2022, to shareholders of record on August 16, 2022. Donaldson is a member of the S&P High-Yield Dividend Aristocrats Index and calendar year 2021 marked the 26th consecutive year of annual dividend increases. The Company has paid a cash dividend every quarter for 66 years.
By Donaldson Company, Inc. · Via Business Wire · July 29, 2022
Donaldson Company Expands Life Sciences Portfolio, Acquires Purilogics
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced the acquisition of Purilogics, LLC (Purilogics). Purilogics is an early-stage biotechnology company that leverages a novel technology platform for the development of best-in-class membrane chromatography products. The company offers a broad portfolio of purification tools for a wide range of biologics, including mRNA, plasmid DNA, viral particles, monoclonal antibodies and proteins. Purilogics’ proprietary formulations and processes create membranes that have significant competitive advantages, enabling faster and more cost-effective production of increasingly complex biologic drugs.
By Donaldson Company, Inc. · Via Business Wire · June 14, 2022
Donaldson Company to Present at the Stifel 2022 Cross Sector Insight Conference
Donaldson Company, Inc. (NYSEDCI), a leading worldwide provider of innovative filtration products and solutions, today announced that Scott Robinson, senior vice president and chief financial officer will present at the Stifel 2022 Cross Sector Insight Conference on Tuesday, June 7, beginning at 8:35 a.m. EDT.
By Donaldson Company, Inc. · Via Business Wire · June 2, 2022
Donaldson Company Reports Record Fiscal Third Quarter 2022 Earnings
Donaldson Company, Inc. (NYSEDCI) (Donaldson or the Company) today reported third quarter 2022 net earnings of $83.0 million, a decrease of 1.8% from $84.4 million in 2021. Earnings per share (EPS)1 for the third quarter 2022 increased to $0.67 from $0.66.
By Donaldson Company, Inc. · Via Business Wire · June 1, 2022