Process industries sales for the quarter decreased 9 percent.
Posts By MDM Staff
Profit increases 73.9 percent during the quarter.
Year-to-date sales down 8.3 percent year-over-year.
Consumer optimism about short-term outlook less optimistic.
Company sells business unit to private equity-owned Interior Specialists Inc.
Electrical & electronic solutions sales increased 14.8 percent year-over-year.
Industrial segment sales fell 3 percent for the diversified manufacturer.
Acquisition of Airgas "on track" for closing in second quarter.
Departure from Rodney Hunt Fontaine product line to be reflected in fiscal 2016 earnings report.
Fourth quarter sales decreased 10 percent year-over-year.
Profit nearly triples to $152.4 million in the first quarter.
Profit declined 2.4 percent year-over-year to $60.9 million.
Company's profits jump 20.8 percent compared to fiscal 2015.
