Carlisle Companies sales up 11 percent
Carlisle Companies Incorporated reported net sales of $876.2 million for the fourth quarter, an 11% increase from $790.0 million in the fourth quarter 2014.
Net sales from the acquisition of the Finishing Brands business, reported in the Carlisle Fluid Technologies (CFT) segment, contributed 9.3% to net sales in the fourth quarter. Organic net sales grew 2.9%.
Net income of $81.2 million, or $1.24 per share, compared to income of $52.8 million, or 81 cents, in the same period a year ago.
Carlisle Construction Materials net sales in the fourth quarter 2015 increased 4.4% to $483.6 million; Carlisle Interconnect Technologies net sales in the quarter declined 1.0% to $189.6 million primarily reflecting a slight decline in net sales to the aerospace market; Carlisle Fluid Technologies net sales were $73.6 million, an increase of 8.4% over net sales in the third quarter of 2015; Carlisle Brake & Friction net sales declined 11% to $68.1 million; Carlisle FoodService Products net sales grew 3.9% to $61.3 million.
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.
