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In The News:

Eaton Sales Up 0.8% in 2Q

Diversified industrial manufacturer Eaton Corp. (NYSE: ETN), Dublin, Ireland, reported sales for the second quarter of $5.5 billion, a 0.8% increase over the same period a year ago. Profit increased 4.1% to $636 million.

Sales for the Electrical Products segment were $1.8 billion, up 2% over the second quarter of 2018. Sales for the Electrical Systems and Services segment were $1.6 billion, up 5% over the second quarter of 2018. Hydraulics segment sales were $698 million, down 3% from the second quarter of 2018. 

For the first six months, sales were $10.8 billion, up 0.9% over the same period a year ago. Profit increased 5.5% to $1.2 billion.

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