Brief: ParkOhio Announces Fourth Quarter And Full Year 2023 Results, Acquisition Of EMA Indutec GmbH

Park Ohio Holdings

05/03/2024 21:14

March 5 (Reuters) - Park Ohio Holdings Corp  PKOH.O :
    * PARKOHIO ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023
RESULTS AND
THE ACQUISITION OF EMA INDUTEC GMBH
    * QTRLY NET SALES FROM CONTINUING OPERATIONS OF $389
MILLION, UP
2% YEAR-OVER-YEAR
    * FY 2024 SEES REVENUES EXPECTED TO GROW IN MID-SINGLE DIGIT
RANGE
YEAR-OVER-YEAR
    * Q4 RESULTS IMPACTED BY UNITED AUTO WORKERS STRIKE AT LIGHT
VEHICLE AND HEAVY TRUCK PLANTS

Source text for Eikon:  ID:nBw1dwsl3a 
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