Latest In Earnings
For the first nine months, total group sales were up 3.6%.
Revenues at Textron Aviation of $1.2 billion were down $68 million from last years third quarter.
Commercial and industrial group segment sales increased 1.5% from 2018 levels.
For the first nine months sales grew 19.2% over 2018.
Sales for the first nine months of the companys fiscal 2019 were up 8.7%.
The company reported daily sales up 6.3% versus a year ago.
The companys second-quarter net income increased 3.1% to $135 million compared to the year-ago period.
Sales for the first six months increased 3.3%.
Distributors second-quarter sales were down 4.6% to $179.6 million.
Adjusted EBITDA was $4.9 million, up from $2.4 million in the prior quarter.
Technical products sales decreased 5% during the quarter.
