Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Steelcase Reports Doubled Annual Income
Mar 30, 2007
 Printable format
 Email this Article
 Search
Office furniture maker Steelcase, Inc., (Grand Rapids, Michigan, U.S.) today said fiscal year 2007 revenue grew to U.S. $3.1 billion and net income more than doubled to $106.9 million, or $0.72 per share.

Fourth quarter fiscal 2007 revenue was $779.0 million and net income was $29.3 million or $0.20 per share.

"We improved business performance, both financially and with our customers," said Steelcase President and CEO James P. Hackett.

Fiscal year revenue of $3.1 billion increased 8.0 percent compared to $2.9 billion last year. Reported net income more than doubled to $106.9 million or $0.72 per share. Net income in fiscal 2006 was $48.9 million, or $0.33 per share.

Based on recent strengthening in order patterns, the company expects first quarter fiscal 2008 revenue to be 6-10 percent higher than the prior year quarter, with growth more balanced across its business segments.

Back to Daily News

 

Daily News

...........................................................

Oct 21, 2014: AHRI Annual Meeting Registration Remains Open

Oct 20, 2014: Electrolux 3Q Operating Income up 29%

Oct 17, 2014: Whirlpool completes purchase of majority interest in Indesit

Oct 17, 2014: Corrected: AHRI Annual Meeting Registration Remains Open

Oct 17, 2014: Walmart will moderate brick-and-mortar growth and increase capital spending on e-commerce capabilities

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows