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Drop attributed to widespread declines in both residential and non-residential sectors.
First-quarter profit rose 33.9 percent to $68.4 million.
Sales of durable goods down 1.8 percent from last November.
Unemployment rate was unchanged at 5 percent for third month in a row.
Acquisition enhances company's education solutions' presence in North America.
Prices decreased by 0.3 percent in the EU28.
Report: Merger helps company "streamline sales and distribution."
Substantial investment is necessary to reap benefits of integration.
Company appoints three positions, effective with the new year.
