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Apogee posts 2Q loss as architecture slumps

Post Time:Sep 16,2010Classify:Industry NewsView:197

Apogee Enterprises [Minneapolis]fell to a fiscal 2011 second-quarter loss, the glass maker reported Thursday [Sept. 16], with a weak commercial construction market pushing revenue down 23 percent.

Apogee expects to post a loss in the second half of the year as well due to losses in its architectural division. Revenue for the year will fall about 15 percent, according to a Sept. 15 AP report.

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Source: http://www.glassmagazine.com/news-item/commercial/apogee-posts-2q-loss-architecture-slumps-106765Author:

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