Timken Reports $4.6 Billion Sales in 2024 Sales Amid Market Challenges

Timken Reports Fourth-Quarter and Full-Year 2024 Results NORTH CANTON, Ohio, Feb. 5, 2025 – Timken today reported fourth-quarter 2024 sales of $1.07 billion, down 1.6 percent from the same period a year ago. The decrease was driven primarily by lower end-market demand in Europe and unfavorable foreign currency translation, partially offset by the benefit of acquisitions. Organically, sales were down 2.6 […]

The post Timken Reports $4.6 Billion Sales in 2024 Sales Amid Market Challenges appeared first on BEARING NEWS.