2024-02-06 16:23:00 ET
Summary
- Parker Hannifin is a leading player in the global motion and control industry, aiming to reach a 20% market share.
- The company has achieved growth in long-cycle and secular trends businesses, investing in aerospace, digital technology, electrification, and clean technology.
- Recent results show strong performance in the aerospace sector, with a record backlog and increased revenue mix from the aftermarket segment.
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For further details see:
Parker-Hannifin Q2: Strong Aerospace Growth Offset By Weak Industrial In FY24