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

Nacco Industries, Inc. Announces 4Q and Full Year 2007 Results
Feb 27, 2008
 Printable format
 Email this Article
 Search

Nacco Industries, Inc. announced consolidated net income for the fourth quarter of 2007 of US$51.7 million, or $6.24 per diluted share, on revenues of $1.1 billion compared with consolidated net income for the fourth quarter of 2006 of $70.0 million, or $8.48 per diluted share, on revenues of $978.6 million. Income before extraordinary gain for the fourth quarter of 2007 was $51.7 million, or $6.24 per diluted share, compared with $57.2 million, or $6.93 per diluted share, for the fourth quarter of 2006.

Hamilton Beach's net income was $12.6 million in 2007 compared with net income of $14.7 million in 2006. Net income for 2007 was negatively affected by increased interest expense in 2007 primarily due to increased borrowings related to a $110 million special cash dividend paid in May of 2007.

Nacco said that 2008 is expected to be a difficult year for Hamilton Beach. The company said, "Current economic factors affecting U.S. consumers, such as high gasoline prices, depressed home sales levels and mortgage debt concerns, appear to be among factors which are likely to create a challenging retail environment in 2008."

Back to Daily News

 

Daily News

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

Oct 31, 2014: Whirlpool Completes Acquisition of Majority Stake In Hefei Sanyo

Oct 30, 2014: Whirlpool Corp. reports strong third-quarter

Oct 30, 2014: Statistical Portrait of the European Appliance Industry Released by Appliance Magazine

Oct 30, 2014: New Whirlpool acquisition Indesit reports profit for year so far

Oct 30, 2014: Consumer Confidence Index rebounds in October

More Daily News>>

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

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

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 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