Crane Co. (NYSE: CR), Stamford, CT, reported sales for the second quarter of $712.2 million, a 0.1 percent increase over the same period a year ago. Profit increased 22.6 percent to $68.4 million.
Aerospace and electronics sales were up 13 percent to $189 million. Engineered materials sales were down 2 percent to $64 million. Merchandising systems sales were up 3 percent to $187 million. And fluid handling sales were down 9 percent to $292 million.
For the first six months, sales were $1.4 billion, down 1.3 percent over the same period a year ago. Profit was up 15.4 percent to $123.3 million.