Record tubular sales volumes fail to prevent dip in 3d-qtr. Ipsco profit
Oct 25, 2005 | 12:36 PM
|
While record sales of energy-related tubular products helped Ipsco Inc., Lisle, Ill., post a nearly 10-percent increase in third-quarter revenue, it failed to prop up earnings.
IPSCO INC.(in thousands except per share) 200520043rd qtr. ended Sept. 30Net sales$705,165$641,863Net income$133,585$144,477Per share2.772.769 months ended Sept. 30Net sales$666,712$2,177,874Net income$126,402$414,315Per share2.568.41Ipsco's net income fell 7.5 percent to $133.6 million on sales of $705.2 million compared with net income of $144.5 million on sales of $641.9 million in the same period last year.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here