Kennametal Inc. announced today that it is providing supplemental information regarding fiscal year 2006 quarterly financial results. The reported amounts reflect the results of the Metalworking Solutions and Services Group's consumer-related products business, including industrial saw blades, and the Advanced Materials Solutions Group's Kemmer Praezision electronics business as discontinued operations. This supplemental data is being provided to the company's shareowners and other members of the financial community, who might wish additional perspective on the existing financial results. The information should be read in connection with the company's periodic filings with the U.S. Securities and Exchange Commission, including the Annual Report on Form 10-K filed on August 29, 2006 and the Form 10-Q for the quarter ending September 30, 2006 filed on November 9, 2006.
The supplemental information is accessible on the company's website at www.kennametal.com. From the homepage, click on the link to "Corporate", and then click "Investor Relations".
Kennametal Inc. is a leading global supplier of tooling, engineered components and advanced materials consumed in production processes. The company improves customers' competitiveness by providing superior economic returns through the delivery of application knowledge and advanced technology to master the toughest of materials application demands. Companies producing everything from airframes to coal, from medical implants to oil wells and from turbochargers to motorcycle parts recognize Kennametal for extraordinary contributions to their value chains. Customers buy over $2.3 billion annually of Kennametal products and services -- delivered by our approximately 13,500 talented employees in over 60 countries -- with almost 50 percent of these revenues coming from outside the United States. Visit us at www.kennametal.com. [KMT-G]
First Call Analyst:
FCMN Contact: firstname.lastname@example.org
SOURCE: Kennametal Inc.
CONTACT: Investors Relations, Quynh McGuire, +1-724-539-6559, or Media
Relations, Joy Chandler, +1-724-539-4618, both of Kennametal Inc.
Web site: http://www.kennametal.com/