Crane Co., Stamford, CT, a diversified manufacturer of industrial products, reported second quarter 2008 sales of $693.5 million, an increase of 5% over second quarter 2007. Second quarter profit was $59 million, a 29% increase from the prior year period.
The increase in sales includes a 1% growth in core business, 1% benefit from acquisitions and divested businesses, and a favorable foreign currency translation.
For the first six months, sales were $1.37 billion, an increase of 6% over the first six months 2007. Profit was $107.4 million, a 20% increase from the prior year same …
Crane Co. Sales Up 5% in 2Q
Crane Co., Stamford, CT, a diversified manufacturer of industrial products, reported second quarter 2008 sales of $693.5 million, an increase of 5% over second quarter 2007. Second quarter profit was $59 million, a 29% increase from the prior year period.
The increase in sales includes a 1% growth in core business, 1% benefit from acquisitions and divested businesses, and a favorable foreign currency translation.
For the first six months, sales were $1.37 billion, an increase of 6% over the first six months 2007. Profit was $107.4 million, a 20% increase from the prior year same …
Share this article
- Filed In: Finance, Free, Mergers & Acquisitions, News, Subscriber Only, Top Distributor Sectors
About the Author
Recommended Reading
Leave a Reply
Log In
Read the latest articles and see your reports.
Popular Now
MDM Directories
Sign Up for the MDM Update Newsletter
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
