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Diversified industrial manufacturer Eaton Corp. (NYSE: ETN), Dublin, Ireland, reported sales for the second quarter of $5.1 billion, a 5 percent decrease over the same period a year ago. Profit decreased 8 percent to $491 million.
In the second quarter, electrical products sales were flat year-over-year at $1.8 billion and electrical systems and services sales were down 5 percent to $1.4 billion.
Hydraulics sales were down 8 percent to $589 million and aerospace sales were down 2 percent to $447 million. Vehicle segment sales were down 16 percent to $831 million.
For the first six months, sales were $9.9 billion, down 6.6 percent over the same period a year ago. Profit decreased 10.6 percent to $895 million.