Pentair plc (NYSE: PNR), Manchester, UK, reported sales for 2018 of $3 billion, up 4.2 percent year-over-year. Profit was $347.4 million, down 47.9 percent over a year ago.
Fourth quarter sales were $740.5 million, up 2.7 percent year-over-year. Profit was $92.9 million, down 51 percent over a year ago.
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The company reported an operating loss of $115.8 million.