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

Dofasco Reports Record Quarter
Oct 24, 2002
 Printable format
 Email this Article
 Search

Dofasco Inc., a Canada-based steel-solutions provider, reported third-quarter results driven by strong shipment levels and higher revenue per ton shipped. For the 3 months ended Sept. 30, 2002, Dofasco's consolidated net income was U.S. $91.8 million, compared to $21.9 million in the third quarter of 2001. This represents Dofasco's highest ever quarterly earnings when unusual items are excluded from results reported for previous quarters. After deducting preferred share dividends, earnings per common share for the quarter were $1.22, compared to $0.29 per share for the same period in 2001.

John Mayberry, Dofasco's Chair and Chief Executive Officer, commented on the results saying, "These earnings reflect continued strong demand for Dofasco and Gallatin's products and the benefits achieved from the very successful Hamilton hot mill improvement program completed in late 2001."

Dofasco's consolidated sales in the quarter were $930.8 million on shipments of 1,209,000 tons. In the third quarter of 2001, consolidated sales were $719.2 million and shipments were 1,043,000 tons.

Back to Daily News

 

Daily News

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

Sep 12, 2014: AHRI Suggests Changes to EPA on Proposed SNAP Amendment

Sep 12, 2014: Consumer Confidence Index Up in August

Sep 12, 2014: August 2014 Housing Starts in Canada

Sep 11, 2014: Middleby Acquires Commercial Coffee Machine Producer Concordia

Sep 11, 2014: Electrolux Again Ranked Industry Leader in the Dow Jones Sustainability World Index

More Daily News>>

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

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

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
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