Actuant (ATU) Tops Q4 EPS by 4c, Offers FY Guidance
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Actuant Reports Fourth Quarter and Full Year 2018 Results; Initiated Fiscal 2019 Guidance
September 26, 2018 8:30 AM EDTMILWAUKEE--(BUSINESS WIRE)-- Actuant Corporation (NYSE: ATU) today announces results for its fourth quarter and fiscal year ended August 31, 2018.
Highlights
Consolidated sales of $301 million increased 9% over the comparable prior year quarter. Core sales increased 10% on a year-over-year basis, including a 1% decline on sales from foreign currency and a net negligible impact on sales from acquisitions and divestitures. Strong double-digit growth in the Industrial and Energy segments and solid growth in the Engineered Solutions segment all contributed.... More