Record Net Earnings Increase
Reported net earnings increased 13% to $138 million or $0.82 per diluted share.
Successful Acquisition Contributions
Acquisitions contributed 6% to the growth of third quarter sales, helping to offset a 2% decline in organic revenue.
Strong Cash Flow Management
Cash provided by operations totaled $487 million for the year, an increase of $51 million or 12%.
Industrial Segment Profitability
The Industrial segment maintained strong profitability with incremental margins of 220% year-to-date.