Actuant Sales Down 12.9% in 1Q - Modern Distribution Management

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Actuant Sales Down 12.9% in 1Q

Profit drops 67.9 percent for the quarter.
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Actuant Corp. (NYSE: ATU), Milwaukee, WI, reported sales for the first quarter of $265.8 million, a 12.9 percent decrease from the same period a year ago. Profit was $5 million, down 67.9 percent from a year ago.

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