The 2020 Mid-Year Economic Update_long

Jason Industries Sales Down 15.1% in 1Q

Organic sales declined 10%.

Jason Industries Inc., Milwaukee, Wisconsin, (Nasdaq:JASN, JASNW), parent company to a global family of manufacturers in the seating, finishing, automotive acoustics and components markets, reported sales for the first quarter of $142 million, down 15.1% year-over-year. The company reported a loss for the quarter of $5.3 million, compared with a loss of $0.8 million in the prior-year quarter.

Organic sales declined 10% primarily due to lower overall production volumes, with platform changes in Fiber Solutions, softer end market demand in Engineered Components and weak European markets in Industrial.

Related Posts

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.


articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.