Barnes Group Inc. (NYSE: B), Bristol, CT, an international industrial and aerospace manufacturer and service provider, reported sales for the second quarter of $364.5 million, an 18.8 percent increase year-over-year. Profit for the quarter increased 35.6 percent year-over-year to $45 million.
Industrial sales were $251.8 million, up 23.1 percent. Aerospace sales were $112.7 million, up 10.3 percent year-over-year.
Year-to-date sales were $706.3 million, up 18.7 percent over the prior-year period. Profit increased 34.3 percent to $83.3 million.
© 2019 Gale Media, Inc.
Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.
The 2018 Top Distributors List
This free PDF includes lists of top distribution companies across 14 sectors.
You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.
Download the Free PDF now >>
MDM Update: Daily Newsletter
Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox.
Sign-up for MDM Update >>