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Kadant Inc   (KAI)
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Price: $317.8100 $0.98 0.309%
Day's High: $320.56 Week Perf: -1.53 %
Day's Low: $ 315.24 30 Day Perf: 0.89 %
Volume (M): 225 52 Wk High: $ 354.02
Volume (M$): $ 71,444 52 Wk Avg: $237.33
Open: $315.24 52 Wk Low: $183.19



 Market Capitalization (Millions $) 3,726
 Shares Outstanding (Millions) 12
 Employees 1,800
 Revenues (TTM) (Millions $) 958
 Net Income (TTM) (Millions $) 117
 Cash Flow (TTM) (Millions $) 27
 Capital Exp. (TTM) (Millions $) 32

Kadant Inc

We are a leading global supplier of equipment used in process industries, including papermaking, paper recycling, and oriented strand board (OSB), an engineered wood panel product used primarily in home construction. In addition, we manufacture granules made from papermaking byproducts. We have a large customer base that includes most of the worlds major paper and OSB manufacturers. We believe our large installed base provides us with a spare parts and consumables business that yields higher margins than our capital equipment business.


Our continuing operations are comprised of two reportable operating segments, Papermaking Systems and Wood Processing Systems, and a separate product line, Fiber-based Products. Through our Papermaking Systems segment, we develop, manufacture, and market a range of equipment and products for the global papermaking, paper recycling, and other process industries. Through our Wood Processing Systems segment, we design, manufacture, and market stranders and related equipment used in the production of OSB and sell debarking and wood chipping equipment used in the forest products and the pulp and paper industries. Through our Fiber-based Products business, we manufacture and sell granules derived from pulp fiber for use as carriers for agricultural, home lawn and garden, and professional lawn, turf and ornamental applications, as well as for oil and grease absorption.

Our Papermaking Systems segment has a long and well-established history of developing, manufacturing, and marketing equipment for the global papermaking and paper recycling industries. Some of our businesses or their predecessor companies have been in operation for more than 100 years. Our customer base includes major global paper manufacturers and we believe we have one of the largest installed bases of equipment in the pulp and paper industry. We manufacture our products in nine countries in Europe, North and South America, and Asia.

We develop, manufacture, and market complete custom-engineered systems and equipment, as well as standard individual components, for pulping, de-inking, screening, cleaning, and refining primarily recycled fiber for preparation for entry into the paper machine, and recausticizing and evaporation equipment and systems used in the production of virgin pulp.

We develop, manufacture, and market a wide range of doctoring, cleaning, and filtration systems and related consumables that continuously clean rolls to keep paper machines running efficiently; doctor blades made of a variety of materials to perform functions including cleaning, creping, web removal, flaking, and the application of coatings; profiling systems that control moisture, web curl, and gloss during paper converting; and systems and equipment used to continuously clean paper machine fabrics and rolls, drain water from pulp mixtures, form the sheet or web, and filter the process water for reuse.

We develop, manufacture and market rotary joints, precision unions, steam and condensate systems, components, and controls used primarily in the dryer section of the papermaking process and during the production of corrugated boxboard, metals, plastics, rubber, textiles, chemicals, and food.



   Company Address: One Technology Park Drive Westford 1886 MA
   Company Phone Number: 776-2000   Stock Exchange / Ticker: NYSE KAI
   


Customers recorded net loss Customers recorded net loss



• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

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Dividend

Kadant Inc Announces Increased Quarterly Dividend Amid Strong Business Performance

Published Wed, Mar 6 2024 9:24 PM UTC

Kadant Inc Raises Quarterly Dividend to $0.32 per Share, Reflecting Strong Business Performance
On September 7, 2023, Kadant Inc. announced the approval of a cash dividend, demonstrating the company's robust performance in the market. The quarterly dividend has been raised to $0.32 per share, showcasing the confidence the company has in their financial position and abili...

Kadant Inc

Kadant Inc. Defies Industry Trends with Revenue and Profit Growth in Latest Fiscal Period

/>In recent financial results, Kadant Inc. (NYSE: KAI) announced a moderate revenue rise of 2.835% to $238.68 million in the most recent fiscal period. Additionally, the company's bottom line grew by 4.43% to $2.32 year on year. This positive performance bucks the trend seen in the Industrial Machinery and Components sector, where most companies reported a decline in revenues during the same period.
Revenue and Net Profits:
Despite a decrease in revenue by -2.254% from the prior period to $244.18 million, Kadant Inc. experienced a moderate increase in net profits. Net profits of $27.562 million in the fiscal fourth quarter of 2023 showed a 5.16% growth from the net earnings of $26.209 million reported in the fiscal fourth quarter of 2023 a year ago.

Merger and Acquisition

Kadant Carves Out New Opportunities with Key Knife Acquisition

Published Tue, Jan 2 2024 12:40 PM UTC

Kadant Inc. Expands Portfolio through Successful Acquisition of Key Knife, Inc.
WESTFORD, Mass., Jan. 02, 2024 - In a move that further solidifies its position as a global leader in industrial manufacturing solutions, Kadant Inc. (NYSE: KAI) announced the successful completion of its acquisition of Key Knife, Inc. and certain affiliates for approximately $156 million in ...

Merger and Acquisition

Kadant Inc. to Acquire Key Knife, Inc.: Strengthening Market Presence and Driving Growth

Published Thu, Dec 28 2023 9:17 PM UTC

Kadant Inc. to Expand Operations with Key Knife, Inc. Acquisition
WESTFORD, Mass., Dec. 28, 2023 - Kadant Inc. (NYSE: KAI), a leading provider of engineering solutions and equipment for various industries, has announced its plans to acquire Key Knife, Inc. and certain affiliates for approximately $156 million in cash. The acquisition, which is set to close in early Janua...

Dividend

Kadant Inc. Declares Cash Dividend, Setting New Standards in the Capital Goods Sector

Published Thu, Nov 16 2023 9:16 PM UTC

Kadant Declares Cash Dividend, Reflecting Strong Business Performance
WESTFORD, Mass., Nov. 16, 2023 - Kadant Inc. (NYSE: KAI), a leading provider of innovative products and services for the global paper and packaging industry, announced today that its Board of Directors has approved a cash dividend of $0.29 per share for the quarter. This dividend will be paid on Februa...






 

Kadant Inc's Segments
 
 
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Earnings Outlook
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