Nacco industries, inc. announces second quarter 2021 results

Cleveland, aug. 4, 2021 /prnewswire/ -- second quarter nacco consolidated highlights: operating profit increased to $8.7 million, up 93.4% from q2 2020 net income increased to $6.5 million, up 7.5% from q2 2020 adjusted ebitda increased to $15.3 million, up 39.4% from q2 2020 diluted earnings per share increased to $0.91/share from $0.86/share in q2 2020 new branding and websites launched for the company and each of its businesses, and introduction of new nacco natural resources (nacco.com) brand identity nacco industries, inc.® (nyse: nc) today announced consolidated operating profit of $8.7 million and net income of $6.5 million, or $0.91 per diluted share, for the second quarter of 2021 compared with consolidated operating profit of $4.5 million and net income of $6.1 million, or $0.86 per diluted share, for the second quarter of 2020. improvements in consolidated operating profit, consolidated adjusted ebitda, segment adjusted ebitda and net income were primarily due to improved results in all three operating segments, most significantly in the minerals management segment.
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