Applied industrial technologies reports fiscal 2022 first quarter results

Cleveland--(business wire)--applied industrial technologies (nyse: ait), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies, today reported results for its fiscal 2022 first quarter ended september 30, 2021. net sales for the quarter increased 19.2% to $891.7 million from $747.8 million in the prior year. the change includes a 2.1% increase from acquisitions and a 0.8% incr
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