Year to date sales were reported at $8.1 billion, down 2.5% over the same period in 2018.
Latest In Earnings
Profit was $12.7 million, up from a loss of $34.8 million the previous years quarter.
For the first nine months, sales were $1.2 billion, down 1.1% over the same period a year ago.
For the first nine months sales were down 9.9% year-over-year.
Sales totaled $35 billion in the first nine months of 2019.
Its earnings season! As quarterly earnings reports continue to trickle in, MDM offers a recap of how the third quarter is shaping up for more than two dozen of the largest distributors and manufacturers.
Profit for the quarter was $50.8 million compared to a loss of $43.4 million the previous year's quarter.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
Adjusted EBITDA was $4.9 million, up from $2.4 million in the prior quarter.
Manufacturer reports a loss of $4.4 million for the quarter.
In July, the company agreed to acquire privately held Coperion Capital GmbH.
Sales for the first six months decreased 2.6% year-over-year.
For the first six months sales fell 1% to $9.3 billion.
