Lincoln Electric Holdings, Inc. (LECO) Q1 2025 Earnings Call Transcript

Lincoln Electric Holdings, Inc. (NASDAQ:LECO) Q1 2025 Earnings Conference Call April 30, 2025 10:00 AM ET

Company Participants

Amanda Butler – Vice President, Investor Relations & Communications
Steve Hedlund – Chairman, President & Chief Executive Officer
Gabe Bruno – Chief Financial Officer

Conference Call Participants

Saree Boroditsky – Jefferies
Bryan Blair – Oppenheimer
Stefan Diaz – Morgan Stanley
Mig Dobre – Baird
Adam Farley – Stifel
Walt Liptak – Seaport Research
Chris Dankert – Loop Capital Markets

Operator

Greetings and welcome to the Lincoln Electric 2025 First Quarter Financial Results Conference Call. All lines have been placed on mute and this call is being recorded.

It is my pleasure to introduce your host, Amanda Butler, Vice President of Investor Relations and Communications. Thank you. You may begin.

Amanda Butler

Thank you, Selena and good morning everyone. Welcome to Lincoln Electric’s first quarter 2025 conference call. We released our financial results earlier today and you can find our release and this call slide presentation at lincolnelectric.com in the Investor Relations’ section.

Joining me on the call today is Steve Hedlund, Chairman, President and Chief Executive Officer; as well as Gabe Bruno, our Chief Financial Officer. Following our prepared remarks, we’re happy to take your questions.

Before we start our discussion, please note that certain statements made during this call may be forward-looking and actual results may differ materially from our expectations due to a number of risk factors and uncertainties, which are provided in our press release and in our SEC filings on Forms 10-K and 10-Q.

In addition, we discuss financial measures that do not conform to U.S. GAAP, and a reconciliation of non-GAAP measures to the most comparable GAAP measure is found in the financial statements in our earnings release, which again is available in the Investor Relations section of our website at

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