Precision Castparts Corp. (NYSE: PCP), Portland, OR, reported sales for the fourth quarter of $1.9 billion, a 16 percent increase over the same period a year ago. Profit from continuing operations increased 24.8 percent to $338.4 million.
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Sales for the fiscal year were $7.2 billion, a 16 percent increase over the same period a year ago. Full-year profit increased 20.7 percent to $1.2 billion.
