The 2020 Mid-Year Economic Update_long

A. M. Castle Sales Down 21.4% in Second Quarter

Year-to-date sales fall 17 percent compared to 2015.

A. M. Castle & Co. (NYSE: CAS), Oak Brook, IL, a global distributor of specialty metal and plastic products, reported second-quarter sales of $130.7 million, down 21.4 percent from the same period a year ago. The company recorded a net loss for the period of $21.3 million, compared to a year-ago loss of $46.3 million.

Sales for the first six months were $294.5 million, down 17 percent year-over-year. The company recorded a net loss for the period of $58.1 million, compared to a year-ago loss of $61.4 million.

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