Parker Hannifin Corp. (NYSE: PH), Cleveland, OH, reported sales for the fiscal 2014 first quarter ended September 30 of $3.2 billion, an increase of 0.6 percent compared to the same period a year ago. Profit increased 1.8 percent to $244.3 million.
Diversified industrial segment sales in North American decreased 2.6 percent to $1.4 billion, and operating income was $234.2 million, compared with $244.1 million in the same period a year ago.
International first quarter sales increased 1.8 percent to $1.3 billion, and operating income was $173.4 million compared with $156.6 million in the same period a year ago.
Aerospace systems segment sales increased 4.9 percent to $567.5 million, and operating income was $57.3 million compared with $61.9 million in the same period a year ago.