Rexnord Sales Up in 1Q - Modern Distribution Management

Rexnord Sales Up in 1Q

Rexnord LLC reported sales for the first quarter ended June 30, 2007, were $448.2 million, an increase of 55.2% thanks to acquisitions over the same period a year ago. Power Transmission sales were $309.8 million, up 7.4%, and Water Management sales were $138.4 million.
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Core sales growth was 9.2% on a pro-forma basis.
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Rexnord reported that the end markets in both Power Transmission and Water Management have held up well in the first quarter.
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Rexnord ended the quarter with a backlog in Power Transmission of $430 million, an increase of 7% from March 2007, and 23% compared with a year ago. In the Water Management platform, Rexnord saw strength in the end-markets of commercial construction as well as civil/municipal …

Rexnord LLC reported sales for the first quarter ended June 30, 2007, were $448.2 million, an increase of 55.2% thanks to acquisitions over the same period a year ago. Power Transmission sales were $309.8 million, up 7.4%, and Water Management sales were $138.4 million.
&nbsp ;
Core sales growth was 9.2% on a pro-forma basis.
&nbsp ;
Rexnord reported that the end markets in both Power Transmission and Water Management have held up well in the first quarter.
&nbsp ;
Rexnord ended the quarter with a backlog in Power Transmission of $430 million, an increase of 7% from March 2007, and 23% compared with a year ago. In the Water Management platform, Rexnord saw strength in the end-markets of commercial construction as well as civil/municipal …

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