KAI Kadant Inc.

Kadant Hosts 2024 Investor Day

Kadant Hosts 2024 Investor Day

Event Theme: Pioneering Industrial Solutions for a Sustainable Future

Presents New Five-Year Financial Goals

WESTFORD, Mass., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) will host its 2024 Investor Day today at the Lotte New York Palace Hotel in New York City. Members of Kadant’s executive leadership team will discuss the Company’s business outlook, growth opportunities, and new five-year financial goals followed by a question and answer session.

The theme of the event is Pioneering Industrial Solutions for a Sustainable Future and will feature presentations from members of Kadant’s executive leadership team and other business leaders including:

  • Jeffrey Powell, President and Chief Executive Officer
  • Michael McKenney, Executive Vice President and Chief Financial Officer
  • Michael Colwell, Senior Vice President, Industrial Processing
  • Dara Mitchell, Senior Vice President, Corporate Development
  • Chris Demler, President, Kadant Black Clawson
  • Chad Greenfield, Commercial Director, Syntron Material Handling
  • Craig Heley, President, Kadant PAAL
  • Wes Martz, Vice President, Flow Control Americas
  • Bilal Mehmood, President, Kadant Solutions

Kadant will showcase how its products and services play an integral role in enhancing efficiency, optimizing energy utilization, and maximizing productivity in process industries while helping its customers advance their sustainability initiatives. The Company's innovative solutions and experienced leadership team has Kadant well positioned to continue to deliver value to its stakeholders.

Webcast Information

Kadant’s presentation will be webcast live beginning at 11:30 a.m. Eastern Standard Time and may be accessed on the Company's website at  under the “Investors” section. Participants will be able to submit questions online through the webcast link. A replay of the webcast will be available on the Company's website through December 12, 2025.

About Kadant  

Kadant Inc. is a global supplier of technologies and engineered systems that drive Sustainable Industrial Processing®. The Company’s products and services play an integral role in enhancing efficiency, optimizing energy utilization, and maximizing productivity in process industries. Kadant is based in Westford, Massachusetts, with approximately 3,500 employees in 20 countries worldwide. For more information, visit .

Contacts

Investor Day Event Coordinator:

Alpha IR

Investor Contact Information:

Michael McKenney, 978-776-2000

Media Contact Information:

Wes Martz, 269-278-1715



EN
12/12/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Kadant Inc.

 PRESS RELEASE

Kadant Hosts 2024 Investor Day

Kadant Hosts 2024 Investor Day Event Theme: Pioneering Industrial Solutions for a Sustainable FuturePresents New Five-Year Financial Goals WESTFORD, Mass., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) will host its 2024 Investor Day today at the Lotte New York Palace Hotel in New York City. Members of Kadant’s executive leadership team will discuss the Company’s business outlook, growth opportunities, and new five-year financial goals followed by a question and answer session. The theme of the event is Pioneering Industrial Solutions for a Sustainable Future and will featur...

Kadant Inc: 3 directors

Three Directors at Kadant Inc sold 1,753 shares at between 397.253USD and 398.215USD. The significance rating of the trade was 79/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the la...

 PRESS RELEASE

Kadant Declares Cash Dividend

Kadant Declares Cash Dividend WESTFORD, Mass., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.32 per share to be paid on February 6, 2025 to stockholders of record as of the close of business on January 9, 2025. Future declarations of dividends are subject to Board approval and may be adjusted as business needs or market conditions change. About Kadant        Kadant Inc. is a global supplier of technologies and engineered systems that drive Sustainable Industrial Processi...

 PRESS RELEASE

Kadant Reports Third Quarter 2024 Results

Kadant Reports Third Quarter 2024 Results WESTFORD, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the third quarter ended September 28, 2024. Third Quarter Financial Highlights Revenue increased 11% to $272 millionGross margin was 44.7%Operating cash flow increased 12% to $52 millionFree cash flow increased 27% to $48 millionNet income increased 2% to $32 millionGAAP EPS increased 2% to $2.68Adjusted EPS increased 6% to a record $2.84Adjusted EBITDA was a record $63 million and represented a record 23.3% of revenueBookings increased ...

 PRESS RELEASE

Kadant to Host 2024 Investor Day

Kadant to Host 2024 Investor Day WESTFORD, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will host an Investor Day on Thursday, December 12, 2024 at the Lotte New York Palace Hotel in New York City. The event will feature presentations by members of Kadant’s executive leadership team, who will discuss the Company’s business outlook, growth opportunities, and new five-year financial goals. A live webcast will begin at approximately 11:30 a.m. eastern time on the day of the event and will include a live question and answer session. To access the webcast,...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch