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Applied Industrial Technologies Reports Fiscal 2023 Fourth Quarter and Full-Year Results

Fourth Quarter Net Sales of $1.2 Billion Up 9.1% YoY; Up 8.6% on an Organic Basis Fourth Quarter Net Income of $92.2 Million, or $2.35 Per Share Up 16.1% YoY Fourth Quarter EBITDA of $140.0 Million Up 16.7%