29
Jul
13:24
Carpenter ends fiscal year with a loss
US specialty metals company Carpenter Technology wrapped up fiscal 2021 with a loss, Kallanish reports.
Carpenter lost $105.5 million on sales of $1.48 billion in the fiscal year ended 30 June. In the previous year, Carpenter earned $166.9m on sales of $2.18 billion.
“Fiscal year 2021 has been a challenging yet successful year for Carpenter Technology. Over the past year we executed various portfolio initiatives and targeted cost reductions, fur…
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