The 2020 Mid-Year Economic Update_long

AMETEK Sales Up 9.8% in Q1

Profit increased 12.7 percent in first quarter.

AMETEK Inc., Berwyn, Pennsylvania, a global manufacturer of electronic instruments and electromechanical devices, reported sales for the first quarter of $1.3 billion, up 9.8% from the same period a year ago. Profit increased 12.7% to $204.3 million. Organic sales growth was 5%.

For the first quarter, electronics instruments group sales increased 13% year-over-year to $806.9 million, while electromechanical group sales increased 5% to $480.8 million.

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