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04 Feb
17:38

Carpenter looks to product mix for 2016 profits

Sweetening its sales mix allowed Carpenter Technology Group to offset some of the negative pressure on its bottom line in the quarter ended 31 December, Kallanish learns from the company’s earnings statement. US specialty steelmaker Carpenter posted a net profit of $11.5 million on sales of $443.8m in its fiscal second quarter. In Q2 2015, the company posted a net profit of $24.1m on sales of $548.4m. “Our ongoing focus on driving operational effi…
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