Barnes Group Inc. (NYSE: B), Bristol, CT, an international industrial and aerospace manufacturer and service provider, reported sales for 2015 of $1.2 billion, down 7.5 percent from the prior year. Profit for the year decreased 0.7 percent to $121.4 million.
Fourth quarter sales were $287 million, a decrease of 7.5 percent compared to the same period the previous year. Profit for the quarter decreased 22.6 percent to $24.4 million.
Industrial sales for 2015 were 782.3 million, down 5 percent from 2014. Industrial sales for fourth quarter were $190.2 million, down 4 percent compared to the same quarter a year ago. Aerospace sales for 2015 were $411.7 million, down 6 percent from 2014. Aerospace sales for fourth quarter were $96.8 million, down 14 percent year-over-year.