Power equipment manufacturer Generac Holdings Inc. (NYSE: GNRC), Waukesha, WI, reported full year sales for 2014 of $1.5 billion, down 1.2 percent from 2013. Profit increased slightly to $174.6 million, compared to $174.5 million in the previous year.
Fourth quarter sales were $404 million, an increase of 7.4 percent from the same period the previous year. Profit was $49.4 million, an increase of 1.9 percent.
Residential sales in the fourth quarter were down 2.1 percent year-over-year, while commercial and industrial sales increased 17.1 percent.
