Gardner Denver sales up 4 percent in 4Q
Gardner Denver reported fourth-quarter revenues of $713 million, up 7 percent over the prior year.
Net income of $95 million, or 45 cents per share, compared to prior year net income of $144 million, or 69 cents.
Total year revenues for 2018 were $2.7 billion, up 13 percent over the prior year. Net income for the year was $269 million, or $1.29 per share, compared to prior year of $18 million, or 10 cents.
By segment in the quarter, industrial revenues of $338 million were up 8 percent over prior year; energy revenues of $307 million increased 4 percent; medical revenues of $68 million gained 17 percent over prior 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.
