Cleveland-based Applied Industrial Technologies (NYSE: AIT), distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies and related maintenance supplies, reported sales for its fiscal 2025 second quarter ended December 31, 2024, of $1.1 billion.
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That was down 0.4% over the prior-year period.
Organic sales decreased 3.4%, reflecting a 1.9% decrease in the Service Center segment and a 6.3% decrease in the Engineered Solutions segment.
Profit was $93.3 million.
Year-to-date, sales were $2.2 billion, down slightly from the prior-year period, and profit was $185 million.
Applied’s Hydradyne acquisition closed at the end of December.
