Net income was $13.4 million, compared to $11.5 million in the year-ago period.
Latest In Earnings
The company reported daily sales up 6.1% versus a year ago.
For the first six months, sales were up 6.2% year-over-year.
Fourth-quarter sales decreased 6.5% year-over-year.
Sales for the first nine months of the fiscal year were up 7% year-over-year.
Manufacturer reports a loss of $4.4 million for the quarter.
For the first nine months, sales were $133.9 billion, up 7.5% year-over-year.
Profit for the quarter was $477 million compared to a loss of $80 million in 2019.
In July, the company agreed to acquire privately held Coperion Capital GmbH.
The increase was primarily driven by the benefit of acquisitions and organic growth in the Process Industries segment.
The company announced the sale of its distribution segment during the second quarter.
For the first six months sales increased 4.7%.
For the first six months, total group sales were up 3.7% to 6.8 billion (US$7.6 billion).
For the first six months sales grew 18.5% to $123.1 billion.
Millwork product sales decreased 3.9% in the second quarter of 2019.
Sales in the industrial segment were $233.4 million, down 6% from $249.6 million in the prior year.
