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

Goodman Reports Third Quarter Results
Oct 26, 2007
 Printable format
 Email this Article
 Search

Goodman Global, Inc. announced third quarter 2007 financial results. Record net sales of US$565.5 million were 9% greater than the prior year's third quarter net sales of $517.2 million. Net income grew by 34% to $43.1 million from $32.2 million for the prior year's third quarter. Earnings per share increased 33% to $0.61 from the prior year's third quarter earnings per share of $0.46.

Net sales for the first nine months of 2007 increased 8% to $1.51 billion from net sales of $1.40 billion for the first nine months of 2006. The increase in net sales was driven by the continued shift to higher efficiency products, the prior year's price increases, and an increase in market share, the company said.

For 2008, Charles Carroll, President and CEO, said "Residential replacement demand is expected to continue to drive our growth despite the prolonged slowdown in residential new construction. We expect to achieve continued profitable growth by leveraging our market position as the value leader with a low-cost structure, maintaining our focus on dealer recruitment and development programs, and through further improvements in operating efficiencies."

Back to Daily News

 

Daily News

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

Dec 19, 2014: Whirlpool Corp. provides guidance for 2015

Dec 19, 2014: Panasonic to showcase built-in appliances at LivingKitchen 2015

Dec 19, 2014: New residential construction in November 2014

Dec 19, 2014: 2014 U.S. steel production up 0.7% from 2013

Dec 19, 2014: Strong North American PCB Order Growth in October

More Daily News>>

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

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

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
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