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Applied Industrial Technologies Reports Fiscal 2024 Fourth Quarter and Full-Year Results; Issues Guidance for Fiscal 2025

Fourth Quarter Net Sales of $1.2 Billion Up 0.2% YoY; Down 2.0% on an Organic Daily Basis Fourth Quarter Net Income of $103.5 Million, or $2.64 Per Share Up 12.6% YoY Fourth Quarter EBITDA of $153.5 Million Up