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Article: Blount Announces 2009 Third Quarter Results.
- Article from:
- PR Newswire
- Article date:
- November 3, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. 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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- Third quarter sales increased by 14% to $130.4 million from the second quarter of 2009 - Outdoor Products segment operating income contribution margin improved to 20.1% in the third quarter compared to 13.8% in the first half of 2009 - Diluted EPS of $0.23 per share in the third quarter - Quarter-end sales order backlog stable at $81.7 million
PORTLAND, Ore., Nov. 3 /PRNewswire-FirstCall/ -- Blount International, Inc. ("Blount" or the "Company") today announced third quarter net income of $11.3 million, or $0.23 per diluted share, on sales of $130.4 million.
The Company's third quarter sales represent an improvement from the levels experienced in the ...