Actuant Shares Reach 1-Year High; Company Credits Acquisitions, Sets Earnings Mark
The Milwaukee Journal Sentinel › June 20, 2007
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Summary
Shares of Actuant Corp. hit a one-year high Tuesday, after the company posted record quarterly earnings and projected double-digit earnings growth for the next fiscal year.
The Butler industrial company, which makes everything from torque wrenches and do-it-yourself electrical supplies to vehicle motion- control systems, said acquisitions helped boost earnings and sales.See the full content of this document
Extract
Actuant Shares Reach 1-Year High; Company Credits Acquisitions, Sets Earnings Mark
Led by strong sales of Enerpac industrial tools and bolting systems for the oil and gas industry, Actuant said sales rose 22%, to $385 million.
Profit r...See the full content of this document
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