Crane Co. Sales Fall 4.1% in First Quarter

Sales in its fluid handling segment decreased 6%.
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Crane Co. (NYSE: CR), Stamford, Connecticut, reported first-quarter sales of $797.9 million, a 4.1% decrease compared to the first quarter of 2019. Sales in its fluid handling segment decreased 6% to $257 million; payment & merchandising technologies decreased 2% to $297 million; aerospace and electronics fell 1% to $193 million; engineered materials fell 15% to $51 million.

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