6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
Actuant Corp. (NYSE: ATU), Milwaukee, WI, reported sales for the first quarter ended Nov. 30, 2012, of $377.2 million, a 4 percent decrease from the same period a year ago. Profit decreased 2.2 percent to $36.3 million.
Download a Free Chapter:
The Little Black Book of Strategic Planning for Distributors
Submit your email address below to receive a chapter of Brent Grover's new book. When you submit your email you will be signed up to receive weekly distribution news updates.
Industrial segment sales were $101.1 million, an increase of 0.8 percent from the prior-year period. Energy segment sales increased 12.9 percent to $90.8 million.
Electrical segment sales declined 16 percent to $69.4 million. Engineered Solutions segment sales also declined, by 10.4 percent to $115.9 million.