MRC Global Inc. (NYSE: MRC), Houston, TX, reported sales for 2017 of $3.6 billion, an increase of 19.9 percent from the previous year. The company reported a profit of $26 million, as compared to a loss of $107 million in 2016.
Fourth-quarter sales were $903 million, an increase of 25.6 percent from the same period the previous year. The company reported a profit of $29 million, as compared to a loss of $24 million the prior-year period.
U.S. sales in the fourth quarter were $715 million, up 30 percent. Canadian sales in the fourth quarter were $71 million, up 29.1 percent. And international sales in the fourth quarter were $117 million, up 2.6 percent.
