Actuant Corp. (NYSE: ATU), Milwaukee, WI, reported sales for the fiscal year ended August 31 of $1.3 billion, a 10.8 percent decrease over the same period a year ago. Core sales declined 7 percent.

Profit for the year was $19.9 million, compared to $163.6 million a year ago.

Fourth quarter sales were $300.4 million, down 15.2 percent over the same period a year ago. Profit for the quarter decreased 38 percent to $22.1 million.

Fourth quarter industrial segment sales were $100 million, down 11 percent from the previous year, with core sales down 5 percent.

Energy segment sales decreased 18 percent year-over-year to $101 million, with core sales down 8 percent. Engineered solutions segment sales decreased 17 percent from the prior year to $100 million, with core sales down 8 percent.