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Gibraltar Sales Down 13% in 1Q

Gibraltar Industries Inc. (NASDAQ: ROCK), Buffalo, NY, reported sales for the first quarter of $206.6 million, down 13 percent year-over-year. Profit was $4 million down from $9 million the previous year.

For the first quarter, residential products segment sales increased 4 percent to $104.5 million; industrial & infrastructure sales decreased 37.5 percent to $50.7 million; and renewable energy and conversation segment sales decreased 10.5 percent to $51.7 million.

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