Carlisle Cos. Inc. (NYSE: CSL), Charlotte, NC, reported sales for the second quarter of $1 billion, down 22.1% year-over-year. Profit for the quarter decreased 50.7% to $75.4 million.
Construction materials sales for the quarter decreased 19.7% year-over-year to $734.9 million, while interconnect technologies sales fell 25% to $184 million. Fluid technologies sales declined 30.9% to $46.5 million, and brake & friction sales increased 32.5% to $58.8 million.
For the first six months of the year, sales were $2.1 billion, down 13.9% over the prior-year period. Profit decreased 40.9% to $137.2 million.
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