肯纳金属2013财年第一季度财报.pdf

Exhibit 99.1 FOR IMMEDIATE RELEASE: DATE: October 24, 2012 Investor Relations CONTACT: Quynh McGuire PHONE: 724-539-6559 Corporate Relations - Media CONTACT: Lorrie Paul Crum PHONE: 724-539-6792 KENNAMETAL ANNOUNCES FIRST QUARTER 2013 RESULTS - Reported EPS of $0.57 - Delivered double digit operating margin - Stellite acquisition accretive $0.01 per share - Revised guidance due to slowing macro environment LATROBE, Pa., (October 24, 2012) – Kennametal Inc. (NYSE: KMT) today reported fiscal 2013 first-quarter results, with earnings per diluted share (EPS) of $0.57 compared with the prior period EPS of $0.88. Carlos Cardoso, Kennametals Chairman, President and Chief Executive Officer said Despite uncertainty in the global macroeconomic environment, our fiscal 2013 first-quarter results demonstrate our ability to sustain sound performance at Kennametal, in both profitability and return on invested capital. Although market conditions make organic growth more challenging in the near-term, we remain highly focused on cost control to deliver mid-teens EBIT margin for the full fiscal year. In addition, Kennametal consistently generates strong cash flow each year throughout the economic cycle, and we remain committed to balancing the interests of our employees, customers and shareowners. Fiscal 2013 First Quarter Key Developments • Sales were $629 million, compared with $659 million in the same quarter last year. Sales decreased by 4 percent driven by a 7 percent organic decline, 5 percent unfavorable effect from currency exchange and 1 percent from fewer business days, partially offset by a 9 percent increase from the Stellite acquisition. • Operating income was $64 million, compared with $102 mi