Record Operating Margin for RS&I
RS&I Group achieved an operating margin of 26.6%, up 150 basis points from last year, marking the highest ever for the group.
C&I Group Sales and Profitability Growth
C&I Group sales reached $379.2 million, an all-time high, with a 3.9% organic increase. Operating earnings were up 17.4%, with an operating margin of 16.7%, an improvement of 180 basis points.
Consolidated Operating Margin Improvement
Consolidated operating margin before financial services improved by 50 basis points to 22.1%, setting a new all-time high for the fourth quarter.
Strong Performance in Critical Industries
C&I Group saw strong sales in critical industries, particularly in customized kits and specialty torque, with notable gains in aviation and general industries.