<ARTICLE> 5
<LEGEND> This schedule contains restated summary financial information extracted
from the unaudited financial statements of Applied Power Inc. for the six month
period ended February 28, 1997 and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<RESTATED> 
<MULTIPLIER> 1,000
        
                              
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                         AUG-31-1997
<PERIOD-END>                              FEB-28-1997
<CASH>                                             84
<SECURITIES>                                        0         
<RECEIVABLES>                                  74,098
<ALLOWANCES>                                    3,770
<INVENTORY>                                   124,663
<CURRENT-ASSETS>                              211,733 
<PP&E>                                        180,888
<DEPRECIATION>                                 96,046
<TOTAL-ASSETS>                                440,823
<CURRENT-LIABILITIES>                         107,894
<BONDS>                                       120,349
<PREFERRED-MANDATORY>                               0
<PREFERRED>                                         0
<COMMON>                                        2,758
<OTHER-SE>                                    181,458
<TOTAL-LIABILITY-AND-EQUITY>                  440,823
<SALES>                                       310,266 
<TOTAL-REVENUES>                              310,266
<CGS>                                         189,195         
<TOTAL-COSTS>                                 189,195 
<OTHER-EXPENSES>                                    0
<LOSS-PROVISION>                                    0
<INTEREST-EXPENSE>                              5,820
<INCOME-PRETAX>                                28,585
<INCOME-TAX>                                    9,576
<INCOME-CONTINUING>                            19,009
<DISCONTINUED>                                      0 
<EXTRAORDINARY>                                     0
<CHANGES>                                           0 
<NET-INCOME>                                   19,009
<EPS-PRIMARY>                                    0.69
<EPS-DILUTED>                                    0.67