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Diversified industrial manufacturer Eaton Corp. (NYSE: ETN), Dublin, Ireland, reported sales for the third quarter of $5.2 billion, a 4.6 percent increase over the same period a year ago. Profit increased from $523 million to $1.4 billion.
Electrical products sales increased 5.1 percent year-over-year to $1.9 billion, and sales for electrical systems and services were down 1 percent to $1.4 billion.
Hydraulics sales were $634 million, up 12.8 percent compared to the prior year quarter, aerospace sales increased 0.5 percent to $438 million and vehicle sales increased 9.5 percent to $861 million.
For the first nine months, sales were $15.2 billion, up 2.1 percent over the same period a year ago. Profit increased 65.4 percent to $2.3 billion.