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Year to date, sales were $841.7 million, down 18.7% from the prior year period. Profit decreased 39% to $50.6 million.
Industrial segment sales of $55.1 million for the third quarter of 2009 were down 30.5% in actual dollars (27.9% in constant currency) from last year. Wind energy sales, which have historically been primarily European based, were down more than 25% in constant currency.
In the Commercial Aerospace market, sales declined 27.8% (27% in constant currency) to $127.5 million. Customer inventory adjustments begun earlier in the year continued in full force resulting in exaggerated sales declines, particularly for Airbus programs.
Space & Defense sales of $74.5 million were essentially flat in constant currency as compared to the third quarter of 2008.