Kaman Industrial Distribution Sales Up 6% in 3Q
Kaman Corp., Bloomfield, CT, reported sales of $307.6 million in the third quarter 2006, up 10% from the prior-year period. Profit was $8.7 million, compared to a loss of $3.6 million in third quarter 2005.
For the first nine months of 2006, sales were $897.2 million, up 10% from $812.7 million last year. Profit was $22.1 million, compared to $3.9 million last year.
Industrial Distribution Segment
The Industrial Distribution segment had sales of $166.7 million in the third quarter 2006, compared with $156.5 million in the 2005 period, a 6% increase. For the 2006 nine-month period, sales were $507.8 million, up 8%.
CEO Paul R. Kuhn: "This past quarter we were affected by a ...