Barnes Group Inc. (NYSE: B), Bristol, Connecticut, an international industrial and aerospace manufacturer and service provider, reported sales for the first quarter of $377million, a 3% increase year-over-year. Organic sales rose 3%. Profit for the quarter fell 12.4% year-over-year to $34 million.
Industrial sales were $242.5 million, down 1.4%. Aerospace sales were $134.2 million, up 11.2% year-over-year.
© 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 >>