Applied industrial technologies reports fiscal 2024 third quarter results and announces strategic automation acquisition

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 2024 third quarter ended march 31, 2024. net sales for the quarter of $1.1 billion increased 1.3% over the prior year. the change includes a 1.2% increase from acquisitions and a 0.2% increase from foreign currenc.
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