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Article: Scotsman Industries Reports First Quarter Results.
- Article from:
- Business Wire
- Article date:
- May 5, 1998
CopyrightCOPYRIGHT 1998 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VERNON HILLS, Ill.--(BUSINESS WIRE)--May 5, 1998--
First quarter sales up 55% to $152.2 million
Operating income up 36% to $12.9 million
Diluted earnings per share of $0.22 in line
with analyst expectations
Scotsman Industries, Inc. (NYSE:SCT), a leading international manufacturer of commercial refrigeration products for the foodservice and food retail industries, today reported first quarter revenues of $152.2 million, up 55 percent from the comparable 1997 period. First quarter 1998 operating earnings were up 36 percent to $12.9 million from $9.5 million in the ...