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Donaldson Company Inc T.DCI


Primary Symbol: DCI

Donaldson Company, Inc. provides technology-led filtration products and solutions, serving a range of industries and advanced markets. The Company operates in three segments: Mobile Solutions, Industrial Products, and Life Sciences. The Mobile Solutions segment consists of the Off-Road, On-Road and Aftermarket business units. Its products include replacement filters for both air and liquid filtration applications as well as exhaust and emissions. The Industrial Solutions segment consists of the Industrial Filtration Solutions (IFS) and Aerospace and Defense business units. The products under IFS business units include dust, fume and mist collectors and air filtration systems for gas turbines. The Life Sciences segment consists of micro-environment gas and liquid filtration for food, beverage and industrial processes, bioprocessing equipment. The Company also offers biomanufacturing solutions for cell and gene therapy research, development, and commercial manufacturing.


NYSE:DCI - Post by User

Post by smcapinvestoron Nov 15, 2013 2:17pm
541 Views
Post# 21910897

Revenue stable, improving margins and lower payout ratio

Revenue stable, improving margins and lower payout ratioThe results were solid, revenue up just slightly, but margins are improving. As I expected, efficienies are being realized and certain expenses are coming down (personnel costs/bailment).

The funds from operations payout ratio dropped to 53%. The funds available for dividends increased over Q3 last year despite less revenue.

If everyone was waiting for a train wreck, I think they will be disappointed that DCI is doing ok and things are looking up with a new Canadian business coming online to make up for The Cash Store debacle.


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