02 November 2018

Timken Reports Strong Third-Quarter 2018 Results; Raises Full-Year Earnings Outlook

The Timken Company a world leader in engineered bearings and power transmission products, has reported its third-quarter 2018 sales of $881.3 million, up 14.2 percent from the same period a year ago. The increase was driven by continued growth across most end markets, as well as the favourable impact of pricing and acquisitions, partially offset by unfavourable currency. In the third quarter, Timken posted net income of $71.6 million or $0.91 per diluted sha

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