Organic sales down 7 percent in first quarter.
April 26, 2016
Acquisition expands company's offering.
Profit increased 7.6 percent year-over-year.
Company's profits jump 20.8 percent compared to fiscal 2015.
Profit declined 2.4 percent year-over-year to $60.9 million.
Profit increased 6 percent in the first quarter.
Profit nearly triples to $152.4 million in the first quarter.
Fourth quarter sales decreased 10 percent year-over-year.
Departure from Rodney Hunt Fontaine product line to be reflected in fiscal 2016 earnings report.
Electrical & electronic solutions sales increased 14.8 percent year-over-year.
Acquisition of Airgas "on track" for closing in second quarter.
Year-to-date sales down 12.2 percent year-over-year.
President Paul Donahue promoted to CEO.
Profit decreases 5.7 percent for the quarter.
Organic sales down 3 percent in first quarter.
Industrial segment sales fell 3 percent for the diversified manufacturer.