Rexnord Sales Up 7% in 3Q 2007 - Modern Distribution Management

Rexnord Sales Up 7% in 3Q 2007

Rexnord LLC, Milwaukee, WI, power transmission and water management products supplier, reported sales of $283.1 million for the third quarter ended Dec. 30, 2006, up 7% from the prior-year period. &nbsp ; Income from operations grew 8.3% over the prior year to $18.2 million.


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Sales were impacted by the accident Dec. 6 at its Canal Street facility and the business interruption by about $15 to $20 million in sales.


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Rexnord reported overall positive trends in its business, with solid end markets. Order growth in the third quarter was 4.6%, slightly lower than the first six months of the fiscal year. The backlog sits at $386.6 million, 26% higher than the beginning of the fiscal year.


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Since the end of the quarter, …

Rexnord LLC, Milwaukee, WI, power transmission and water management products supplier, reported sales of $283.1 million for the third quarter ended Dec. 30, 2006, up 7% from the prior-year period. &nbsp ; Income from operations grew 8.3% over the prior year to $18.2 million.


&nbsp ;


Sales were impacted by the accident Dec. 6 at its Canal Street facility and the business interruption by about $15 to $20 million in sales.


&nbsp ;


Rexnord reported overall positive trends in its business, with solid end markets. Order growth in the third quarter was 4.6%, slightly lower than the first six months of the fiscal year. The backlog sits at $386.6 million, 26% higher than the beginning of the fiscal year.


&nbsp ;


Since the end of the quarter, …

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