Kaman Corp., Bloomfield, CT, reported sales for the first quarter 2007 were up 7% to $317.3 million. Profit was $10.1 million, up 70% from the same period a year ago.
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Kaman attributed the sales gain to improved performance in its Aerospace Segment. Aerospace Segment sales were $93.1 million, up 26.5% from last year.
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Industrial Distribution Segment sales for the first quarter of 2007 were $173.4 million, up 1.7% from the first quarter of 2006.
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Kaman reported the segment experienced a modest sales increase in a less certain economic environment compared to the prior year quarter. Despite the increase in sales, the segment experienced a decrease in operating income because the sales increase was not sufficient to cover increases in normal …
Kaman Sales Grow 7% in 1Q
Kaman Corp., Bloomfield, CT, reported sales for the first quarter 2007 were up 7% to $317.3 million. Profit was $10.1 million, up 70% from the same period a year ago.
  ;
Kaman attributed the sales gain to improved performance in its Aerospace Segment. Aerospace Segment sales were $93.1 million, up 26.5% from last year.
  ;
Industrial Distribution Segment sales for the first quarter of 2007 were $173.4 million, up 1.7% from the first quarter of 2006.
  ;
Kaman reported the segment experienced a modest sales increase in a less certain economic environment compared to the prior year quarter. Despite the increase in sales, the segment experienced a decrease in operating income because the sales increase was not sufficient to cover increases in normal …
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