Stephens Downgrades Altra Holdings (AIMC) to Equal Weight
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Altra Reports Fourth-Quarter 2014 Results
February 18, 2015 4:05 PM ESTBRAINTREE, Mass., Feb. 18, 2015 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a global manufacturer and marketer of electromechanical power transmission and motion control products, today announced unaudited financial results for the fourth quarter and year ended December 31, 2014.
Financial Highlights
Fourth-quarter 2014 net sales were $192.0 million, compared with $180.5 million in the fourth quarter of 2013, an increase of 6.3%. Excluding the impact of the Svendborg and Guardian acquisitions, fourth-quarter sales... More