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03 Aug
21:34

MRC exactly breaks even over April-June

US pipe, valve and fittings master distributor MRC Global just broke even during the second quarter, despite an increase in sales, Kallanish understands from the company’s quarterly earnings review. MRC reported no net earnings but no losses during Q2 on sales of $922 million, up 24% from Q2 2016. "Our strategy to build market share through contract positions with customers produced strong first half results,” says ceo Andrew Lane, adding tha…
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