Crane Co. Sales Down 2% in 2019 - Modern Distribution Management

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Crane Co. Sales Down 2% in 2019

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Crane Co. (NYSE: CR), Stamford, Connecticut, reported 2019 sales of $3.3 billion, down 2% from 2018. Full year 2019 operating profit was $210 million, compared to $441 million in 2018.

Fourth quarter 2019 sales were $838 million, a slight decline compared to the fourth quarter of 2018. Fourth quarter 2019 operating loss was $135 million, compared to operating profit of $110 million in the fourth quarter of 2018.

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