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Day: May 4, 2017
Company reports loss of $1.3 million in first quarter.
The company reported a profit of $12.4 million in the first quarter.
Sales for the first six months also increased 4 percent year-over-year.
Profit increased 12.8 percent during the quarter.
Profit increased 7 percent in the first quarter.
The distributor reported a profit of $0.58 million for the quarter.
Average daily sales grew 8.9 percent.
Headquarters will remain in Stuttgart, Germany.
Acquisition expands Snap-on's existing torque offerings to critical industries.
Prices decreased by 0.2 percent in the EU28.
Goods and services deficit down year over year.
David Jukes previously served as executive vice president and president, USA & Latin America for Univar.
Current CEO, president to retire.
Company reported a loss of $9.3 million for the quarter.