Drew’s earnings jump on stronger RV sales

May 01, 2014 | 02:08 PM | Nathan Laliberte

Tags  Drew Industries, Jason Lippert, Scott Mereness, aluminum extrusions, quarterly earnings, recreation vehicles, RV, manufactured homes Nathan Laliberte

NEW YORK — Drew Industries Inc.’s net income surged in the first quarter due mainly to a 16-percent increase in sales in its recreational vehicles (RV) segment, the company said during an earnings conference call May 1.

The Elkhart, Ind.-based supplier of components for RVs and manufactured homes saw net income soar 93.1 percent for the three months ended March 31 compared with the same year-ago period on sales that jumped 13 percent in the same comparison.....





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