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Niwot, CO 80503, USA
Phone (303) 443-5060
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Lower prices on copper, decreased volume and the impact of a stronger dollar versus the Euro all negatively impacted third quarter sales.
"In the third quarter, our operating results improved and exceeded the second quarter level, but weak end user demand and industry-wide conditions continued," CEO Rodney D. Kent said.
Sales for the nine months ended Sept. 30, 2009 were $318.5 million, a decrease of 47.8%, from the same period a year ago. Profit fell 80.9% to $2.9 million.