Diversified industrial manufacturer Eaton Corp. (NYSE: ETN), Dublin, Ireland, reported 2015 sales were $20.9 billion, a decrease of 7.5 percent from the previous year. Profit increased 10.4 percent to $2 billion.

Sales for the fourth quarter were $5.1 billion, a decrease of 9.1 percent year-over-year. Profit fell 8.4 percent to $532 million.

Electrical products sales for the quarter were down 5 percent to $1.7 billion. Fourth-quarter sales for the electrical systems and services segment were $1.5 billion, down 9 percent from the previous year.

Sales for the hydraulics segment were $552 million, down 18 percent, while sales for aerospace segment were $440 million, a decrease of 4 percent. Revenues for the vehicle segment decreased 13 percent year-over-year to $841 million for the quarter.