KAI Kadant Inc.

Kadant Named to Newsweek’s List of America’s Most Responsible Companies 2024

Kadant Named to Newsweek’s List of America’s Most Responsible Companies 2024

WESTFORD, Mass., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that it was named one of "America's Most Responsible Companies 2024" by Newsweek magazine. This was the fourth consecutive year Kadant has been included on the awards list which assesses companies on Environmental, Social, and Corporate Governance (ESG) factors.

“It is an honor to once again be named one of America’s Most Responsible Companies,” said Jeffrey L. Powell, president and chief executive officer of Kadant. “We are deeply committed to advancing sustainable industrial processing and it is rewarding to be recognized for our efforts.”

America’s Most Responsible Companies were selected based on publicly available key performance indicators derived from CSR Reports, Sustainability Reports, and Corporate Citizenship Reports as well as an independent survey. The KPIs focused on company performance in the environmental, social, and corporate governance areas, while the independent survey asked U.S. citizens about their perception of company activities related to corporate social responsibility. The list recognizes 600 companies across 14 industry categories with the highest scores as the most responsible companies in the United States.

More information about the 2024 rankings is available at . All registered trademarks are the property of their respective owners.

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 3,400 employees in 20 countries worldwide. For more information, visit .

Safe Harbor Statement 

The following constitutes a “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that involve a number of risks and uncertainties, including forward-looking statements about our products, technologies, and markets. These forward-looking statements represent our expectations as of the date of this press release. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results to differ materially from these forward-looking statements as a result of various important factors, including those set forth under the heading "Risk Factors" in Kadant’s annual report on Form 10-K for the fiscal year ended December 31, 2022 and subsequent filings with the Securities and Exchange Commission.

Contacts

Investor Contact Information:

Michael McKenney, 978-776-2000

 

or

Media Contact Information:

Wes Martz, 269-278-1715

 



EN
12/02/2024

Underlying

KAIKadant Inc.

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

Reports on Kadant Inc.

 PRESS RELEASE
Free
KAI KADANT INC.

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...

December 12, 2024 1 EN
Free Trial
KAI KADANT INC.

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...

11/20/24 November 20, 2024 1 EN
 PRESS RELEASE
Free
KAI KADANT INC.

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...

November 14, 2024 1 EN
 PRESS RELEASE
Free
KAI KADANT INC.

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 ...

October 29, 2024 1 EN
 PRESS RELEASE
Free
KAI KADANT INC.

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,...

October 29, 2024 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch