Posted February 3, 2010
Carlisle reports 15% sales decline
Carlisle Companies reported net sales of $555.2 million for the quarter ended Dec. 31, a 15% decline from $651.2 million in the fourth quarter of 2008.
Sales were down across all segments, with organic sales decreasing by 17% from the fourth quarter of the prior year.
Income from continuing operations increased 131% to $35.6 million, or 57 cents per diluted share, compared with $15.4 million, or 25 cents per diluted share, in the fourth quarter 2008.
