The 2020 Mid-Year Economic Update_long

ParkOhio Sales Up 17% in 2018

Profit increased 87.4% for the year.

Park-Ohio Holdings Corp. (NASDAQ: PKOH), Cleveland, OH, reported sales for 2018 of $1.7 billion, a 17% increase from 2017. Profit increased 87.4% to $53.6 million.

For the fourth quarter, the company reported sales of $406 million, up 11% over the same period a year ago. Profit increased 155.2% to $14.8 million. 

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