Home » Rexnord Core Sales Growth at 9.1% in Fiscal 2008
Rexnord Core Sales Growth at 9.1% in Fiscal 2008
May 28, 2008
Rexnord LLC, Milwaukee, WI, diversified industrial company with platforms in power transmission and water management products, reported sales in the fiscal 2008 were up 47.6% to $1.85 billion, due to acquisitions. Core sales growth was 9.1%.
Power transmission fiscal 2008 sales were $1.34 billion, an increase of 13.2%. Core sales growth in PT was 9.3%.
Water management sales were $511.2 million; core sales growth was 8.6%.
Fourth-quarter sales were $502.3 million, an increase of 30.1%. Core sales growth was 8%.
Power transmission fourth-quarter sales were $372.6 million, an increase of 17.7%. PT core sales growth was 9.4%. Water management sales in the fourth quarter were $129.7 million. Core growth was 4.3% in this segment.