Ingersoll Rand sales increase 4 percent
Ingersoll-Rand plc reported first-quarter sales of $3.0 billion increased 4 percent from $2.8 billion in the same period last year.
The company reported net earnings of $117.1 million, or 45 cents per share, compared to $152.4 million, or 58 cents, in the first quarter of 2016.
The Industrial segment, which includes compressed air and gas systems and services, and power tools, had net revenues of $676 million in the quarter, a 1 percent decline from $681 million in the same period last year.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
