Businessweek

NACCO Industries Inc. announced that the Board of Directors declared a regular cash dividend of 25.00 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid June 14, 2013 to stockholders of record at the close of business on May 31, 2013.

Nacco Industries Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. The company announced income from continuing operations of $4.4 million, or $0.53 per diluted share, on revenues of $196.1 million for the 2013 first quarter, compared with income from continuing operations of $4.7 million, or $0.57 per diluted share, on revenues of $173.7 million in the first quarter of 2012. Consolidated EBITDA from continuing operations for the first quarter of 2013 was $12.5 million. For the quarter, the company reported net income of $4.4 million or $0.53 per diluted earnings share compared to 25.3 million or $3.00 per diluted earnings share for the same period a year ago. Operating profit was $7 million and income before income taxes was $5.8 million compared to operating profit was $8.1 million and income before income taxes was $6.8 million for the same period a year ago. Return on equity was 21.1% against 22.3% a year ago.

Nacco Industries Inc., Annual General Meeting, May 07, 2013., at 09:00 US Eastern Standard Time. Location: 5875 Landerbrook Drive,. Agenda: To elect nine directors for the ensuing year; to act on the proposal to approve Long-Term Incentive Compensation Plan; to act on the proposal to approve, for purposes of Section 162 of the Internal Revenue Code, the company’s Annual Incentive Compensation Plan; to ratify the appointment of the independent registered public accounting firm of the company for the current fiscal year; and to transact such other business as may properly come before the meeting.

Nacco Industries Inc. reported consolidated earnings results for the fourth quarter and twelve months ended December 31, 2012. For the quarter, the company reported revenues of $318.2 million against $273.9 million a year ago. Operating profit was $37.0 million against $42.3 million a year ago. Income before income taxes was $32.8 million against $40.9 million a year ago. Income from continuing operations was $23.7 million against $29.9 million a year ago. Net income was $23.7 million against $54.4 million a year ago. Diluted earnings per share from continuing operations were $2.81 against $3.56 a year ago. Diluted earnings per share were $2.81 against $6.47 a year ago. Adjusted EBITDA was $40.7 million against $47.2 million a year ago. Net income decreased with the fourth quarter of the year earlier as indicated due to an increase in income tax expense. Capital Expenditure was $5.0 million against $4.9 million a year ago. Net cash provided by operating activities from continuing operations was $63.7 million against $38.3 million a year ago. Return on equity was 22.9% against 30.8% a year ago. For the year, the company reported revenues of $873.4 million against $790.4 million a year ago. Operating profit was $67.5 million against $64.1 million a year ago. Income before income taxes was $58.0 million against $112.3 million a year ago. Income from continuing operations was $42.2 million against $79.5 million a year ago. Net income was $108.7 million against $162.1 million a year ago. Diluted earnings per share from continuing operations were $5.02 against $9.46 a year ago. Diluted earnings per share were $12.92 against $19.28 a year ago. Adjusted EBITDA was $81.9 million against $79.9 million a year ago. Capital Expenditure was $44.7 million against $20.2 million a year ago. Net cash provided by operating activities from continuing operations was $74.4 million against $100.6 million a year ago. Return on equity was 22.9% against 30.8% a year ago.

Nacco Industries Inc. announced that the Board of Directors declared a regular cash dividend of 25.00 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid March 15, 2013 to stockholders of record at the close of business on March 1, 2013.