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Power management company Eaton Corp. (NYSE: ETN), Dublin, Ireland, reported sales for the first quarter of $4.8 billion, up 0.7 percent from the prior-year quarter. Profit increased 6.9 percent to $432 million.
In the first quarter, electrical products sales were up 1.9 percent year-over-year to $1.7 billion and electrical systems and services sales were down 0.6 percent to $1.3 billion.
Hydraulics sales were up 6.5 percent to $587 million, while aerospace sales were down 3.8 percent to $428 million and vehicle segment sales were down 0.9 percent to $788 million.