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Quanex reports increase in net sales over 2010

Post Time:Dec 13,2011Classify:Industry NewsView:81

Quanex Building Products Corp.released fiscal 2011 fourth quarter and full-year results for the period ending October 31, 2011. Fourth quarter 2011 net sales were $233.0 million, compared to $222.3 million a year ago, and included $23.3 million of net sales from Edgetech, according to a Dec. 12 release. Net sales for 2011 were $848.3 million, compared to $798.3 million last year, and included $53.4 million of net sales from Edgetech.

Fourth quarter 2011 net sales for the company's Engineered Products Group, serving window and door OEMS, were $129.6 million, compared to $101.8 million a year ago.For the 12 months ended October 31, 2011, "same store" EPG sales were flat compared to the previous 12 months, versus reported U.S. window shipments that were down 5 percent over the same period, according to the release.

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Source: http://www.glassmagazine.com/news-item/commercial/quanex-reports-increase-net-sales-over-2010-119138Author:

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