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01 Feb
19:52

Carpenter hikes profit in second quarter

US specialty steel producer Carpenter Technology Corporation posted a net income of $92.1 million on sales of $487.8m during its fiscal second quarter ended 31 December, Kallanish learns from the company’s earnings review. In fiscal Q2 2017, Carpenter recorded a net profit of $7m on sales of $427.4m. “We delivered a solid first half to fiscal year 2018 including driving consistent backlog growth, gaining market share through expanded and new custo…
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