The 2020 Mid-Year Economic Update_long

Myers Industries Sales Up 15% in 3Q

Myers Industries, Inc., Akron, OH, reported sales from continuing operations for the third quarter ended Sept. 30, 2007, were up 15% to $213.9 million.
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The sales increase includes $29.5 million from the acquisition of ITML Horticultural Products and sales of $8 million from the purchase of material handling lines from Schoeller Arca Systems Inc. North America. Organic growth was down by $9.4 million in the third quarter.
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Income from continuing operations was $1.5 million, as compared to $4.2 million in the third quarter of 2006.
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Sales from continuing operations for the nine months ended September 30, 2007 increased 17% to $686 million, as compared to sales of $585.7 million reported for the nine months ended September 30, 2006.
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Myers Industries, Inc., Akron, OH, reported sales from continuing operations for the third quarter ended Sept. 30, 2007, were up 15% to $213.9 million.
&nbsp ;
The sales increase includes $29.5 million from the acquisition of ITML Horticultural Products and sales of $8 million from the purchase of material handling lines from Schoeller Arca Systems Inc. North America. Organic growth was down by $9.4 million in the third quarter.
&nbsp ;
Income from continuing operations was $1.5 million, as compared to $4.2 million in the third quarter of 2006.
&nbsp ;
Sales from continuing operations for the nine months ended September 30, 2007 increased 17% to $686 million, as compared to sales of $585.7 million reported for the nine months ended September 30, 2006.
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Income from continuing operations for the nine months ended September 30, 2007 was $18.7 million, as compared to $21.4 million, in the same period of 2006.

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