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30 Jan
17:55

Carpenter records higher quarterly profits, sales

US specialty steelmaker Carpenter Technology Corporation saw a small on-year increase in both its profits and its sales during its fiscal second quarter, Kallanish reports.  Carpenter earned $38.8 million on sales of $573m in the quarter ended 31 December, up from earnings of $35.5m on sales of $556.5m in fiscal Q2 2018.  “Our second quarter results reflect a continuation of our consistent year-over-year earnings growth, backlog expansion and reco…
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