Operating income was US$61 million, compared with US$16 million. Metal cutting sales were US$312 million, an increase of 37% from US$227 million in Q4 2020.
“Our performance this year demonstrates continued success in transforming the company, including achieving our simplification/modernization savings target. […] Looking ahead, we are confident in our growth and profitability strategy and will continue to invest in the business to further those initiatives,’ said CEO Christopher Rossi.
