Ladish upbeat despite 42% drop in 2d-qtr. net income

Jul 30, 2008 | 04:19 PM | Frank Haflich

A 4.7-percent sales increase in the second quarter wasn't enough to offset higher costs for Ladish Co.

LADISH CO.(in thousands except per share) 200820072nd qtr. ended June 30Net sales$118,959$113,594Net income6,21910,761Per share0.430.746 months ended June 30Net sales$236,156211,260Net income12,20216,529Per share0.841.14Net income fell to $6.2 million, down 42 percent from $10.8 million in the same period last year, on sales that climbed to nearly $119 million.....

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