Apogee Enterprises 3rd-quarter earnings rise

Date: 21 December 2001
Source: Yahoo
Apogee Enterprises Inc., a maker of glass products for the building and auto industries, on Wednesday posted higher third-quarter earnings and affirmed its outlook for the current and next fiscal years.

For the quarter ended Dec. 1, earnings were $5.8 million, or 20 cents per diluted share, compared with $3.0 million, or 11 cents per share, earned in the same period of the prior year.Revenues for the third quarter totaled $200.3 million, up from revenues of $197.3 million a year earlier.Apogee said it maintained its forecast of earnings per share between 85 cents and 90 cents for the fiscal year ending March 2, 2002, although fourth-quarter revenues are expected to decrease slightly.Debt is anticipated to decline to about $75 million by the end of the year.

Apogee expects earnings per share of $1.00 for fiscal 2003, on revenue growth in the low single digits.

600450 Apogee Enterprises 3rd-quarter earnings rise glassonweb.com
Date: 21 December 2001
Source: Yahoo

Others also read

The Spectus Vertical Sliding Sash is recognised as an industry leader not only in its authentic looks but also its performance and versatility.
Kolbe expands products and options with VistaLuxe complementary sliding patio doors and Madison handle sets.
The new $80 million, 221-foot-tall, torch-shaped tower has improved safety, security and design standards, and has obtained LEED® Gold status.
Nippon Sheet Glass Co., Ltd. will install a new high-performance press bending line at the Maizuru plant (Kyoto, Japan) for automotive windshields, applying its proprietary technologies.
LB Roof Windows has launched an exclusive new product with Liteleader a white painted roof window – offering builders, roofers, and installers the possibility to earn more margin on their projects.
Window and door system of the type “Harmonica” Е39.

From industry

Portuetxe bidea 18
20018 San Sebastián (Gipuzkoa) Guipúzcoa

Is Kuleleri, Kule: 2, Kat: 22, 4. Levent
34330 Levent-Istanbul/

Add new comment