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Company reports loss of $44.7 million for the quarter.
Average daily sales also down 1.9 percent in first quarter.
Company's profit increases 1.6 percent for third quarter.
Volumes for the European building materials supplier increased 2.3 percent year-over-year.
Company to divest its fly-by-wire and Kaydon velocity control businesses.
The price index for gross domestic purchases decreased 1.5 percent.
Company reports loss of $119 million for the quarter.
The company reported a loss of $4.7 million in the first quarter.
Company sells business unit to private equity-owned Interior Specialists Inc.