Kennametal Inc.
02/04/2026 | Press release | Distributed by Public on 02/04/2026 12:51
Quarterly Report for Quarter Ending December 31, 2025 (Form 10-Q)
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (CONTINUED)
| Infrastructure | |||||||||||||||||
| Six Months Ended December 31, 2025 | Energy | Earthworks | General Engineering | Aerospace & Defense | |||||||||||||
| Constant currency end market sales (decline) growth | (2)% | 11% | 3% | 30% | |||||||||||||
|
Foreign currency exchange effect(2)
|
- | 1 | 1 | 5 | |||||||||||||
|
Divestiture effect(4)
|
(5) | - | (7) | (1) | |||||||||||||
|
End market sales (decline) growth(3)
|
(7)% | 12% | (3)% | 34% | |||||||||||||
| Total | ||||||||||||||||||||
| Six Months Ended December 31, 2025 | General Engineering | Transportation | Aerospace & Defense | Energy | Earthworks | |||||||||||||||
| Constant currency end market sales growth | 4% | 1% | 21% | 3% | 11% | |||||||||||||||
|
Foreign currency exchange effect(2)
|
2 | 2 | 3 | 1 | 1 | |||||||||||||||
|
Divestiture effect(4)
|
(2) | - | - | (4) | - | |||||||||||||||
|
End market sales growth(3)
|
4% | 3% | 24% | -% | 12% | |||||||||||||||
Reconciliations of constant currency regional sales growth (decline) to reported regional sales growth (decline) (3)are as follows:
| Three Months Ended December 31, 2025 | Six Months Ended December 31, 2025 | |||||||||||||||||||||||||
| Americas | EMEA | Asia Pacific | Americas | EMEA | Asia Pacific | |||||||||||||||||||||
| Metal Cutting | ||||||||||||||||||||||||||
| Constant currency regional sales growth | 15% | 3% | 9% | 10% | 2% | 4% | ||||||||||||||||||||
|
Foreign currency exchange effect(2)
|
- | 6 | (3) | 1 | 5 | (2) | ||||||||||||||||||||
|
Regional sales growth(6)
|
15% | 9% | 6% | 11% | 7% | 2% | ||||||||||||||||||||
| Infrastructure | ||||||||||||||||||||||||||
| Constant currency regional sales growth (decline) | 17% | (1)% | 8% | 12% | (2)% | 4% | ||||||||||||||||||||
|
Foreign currency exchange effect(2)
|
- | 5 | (1) | - | 5 | (1) | ||||||||||||||||||||
|
Divestiture effect(4)
|
(8) | - | - | (7) | - | - | ||||||||||||||||||||
|
Regional sales growth(6)
|
9% | 4% | 7% | 5% | 3% | 3% | ||||||||||||||||||||
| Total | ||||||||||||||||||||||||||
| Constant currency regional sales growth | 16% | 2% | 9% | 11% | 1% | 4% | ||||||||||||||||||||
|
Foreign currency exchange effect(2)
|
1 | 5 | (2) | - | 5 | (1) | ||||||||||||||||||||
|
Divestiture effect(4)
|
(4) | - | - | (3) | - | - | ||||||||||||||||||||
|
Regional sales growth(6)
|
13% | 7% | 7% | 8% | 6% | 3% | ||||||||||||||||||||
(2)Foreign currency exchange effect is calculated by dividing the difference between current period sales and current period sales at prior period foreign exchange rates by prior period sales.
(3)Aggregate sales for all end markets sum to the sales amount presented on Kennametal's financial statements.
(4)Divestiture effect is calculated by dividing prior period sales attributable to divested businesses by prior period sales.
(5)Business days effect is calculated by dividing the year-over-year change in weighted average working days (based on mix of sales by country) by prior period weighted average working days.
(6)Aggregate sales for all regions sum to the sales amount presented on Kennametal's financial statements.
Kennametal Inc. published this content on February 04, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on February 04, 2026 at 18:51 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]