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In The News:

Eaton Sales Up 1% in 1Q

Diversified industrial manufacturer Eaton Corp. (NYSE: ETN), Dublin, Ireland, reported sales for the first quarter of $5.3 billion, a 1% increase over the same period a year ago. Profit was $522 million up 7.2% over the same period in 2018.

Electrical products sales increased 2% year-over-year to $1.8 billion, and sales for electrical systems and services were up 6% to $1.5 billion.

Hydraulics sales were $686 million, down 3% compared to the prior year quarter, aerospace sales increased 10% to $502 million and vehicle sales decreased 9% to $810 million.

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