Kaman Corp., Bloomfield, CT, reported sales of $335.1 million for the third quarter ended Sept. 26, 2008, an increase of 21.9% from the prior-year period. Profit from continuing operations was $13.5 million, an increase of 43.6% from the third quarter 2007.
For the first nine months of 2008, profit from continuing operations increased 3.6% to $28.5 million, as compared to the same period the prior year. Sales were $937.2 million, an increase of 15.2%.
The Industrial Distribution segment reported third quarter sales of $204.3 million, an increase of 14.7% from a year ago. Organic sales growth in the quarter was 7.1%, with the remaining growth coming from the acquisition of Industrial Supply Corp. during the second quarter. The Industrial Distribution segment’s …
Kaman Sales Up 21.9% for 3Q
Kaman Corp., Bloomfield, CT, reported sales of $335.1 million for the third quarter ended Sept. 26, 2008, an increase of 21.9% from the prior-year period. Profit from continuing operations was $13.5 million, an increase of 43.6% from the third quarter 2007.
For the first nine months of 2008, profit from continuing operations increased 3.6% to $28.5 million, as compared to the same period the prior year. Sales were $937.2 million, an increase of 15.2%.
The Industrial Distribution segment reported third quarter sales of $204.3 million, an increase of 14.7% from a year ago. Organic sales growth in the quarter was 7.1%, with the remaining growth coming from the acquisition of Industrial Supply Corp. during the second quarter. The Industrial Distribution segment’s …
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