Acquisitions boost UTC's income 17.5%
Jul 24, 2013 | 04:10 PM
| Frank Haflich
LOS ANGELES Acquisitions helped United Technologies Corp. (UTC) boost its second-quarter net income 17.5 percent, and the company sees organic growth making a larger contribution in the second half.
Net income attributable to common shareholders totaled $1.56 billion for the quarter ended June 30, up from $1.33 billion in the same period last year, on sales that rose 15.9 percent to $16.01 billion from $13.81 billion, according to the Hartford, Conn.-based manufacturer of aerospace engines and components, as well as industrial products.....
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.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.