Crane Co. Sales Rise 19%

First-quarter profit up 9 percent for industrial products manufacturer.

Crane Co. (NYSE: CR), Stamford, CT, reported first-quarter sales of $799 million, a 19 percent increase compared to the first quarter of 2017. Profit was $68.7 million, a 9 percent increase over the year-ago period.

Sales in its fluid handling segment increased 11 percent to $267 million; payment & merchandising technologies increased 50 percent to $292 million; aerospace and electronics grew 4 percent to $170 million; engineered materials fell 7 percent to $70 million.


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