Apogee Enterprises 3rd-quarter earnings rise

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

See more news about:

Others also read

Roseview steps up with experienced technical services manager
Fast-moving sash window specialists Roseview have topped off a raft of recent developments with the appointment of an experienced new technical service manager.
aïr brings slim, flush aluminium window to market
aïr 80HI, high-insulation flush aluminium windows are available now.
Graham Windows Grace Award-Winning “Motor City” Project
The Strathmore Hotel Apartments Revitalized.
New project, old client: Britplas bolsters mental health project pipeline
Britplas have been appointed to supply the windows and glazing package to Mersey Care NHS Foundation Trust’s new mental health facility in Southport, in the continuation of a relationship which started 12 years ago with the installation of the first ever Safevent windows.
Astraseal offers customers the future of flush with new Alitherm 800
Well-respected trade and commercial fabricator Astraseal has created new, valuable opportunities for their customers nationwide with the launch of Alitherm 800, the brand-new aluminium flush casement from Smarts.
Madico®, Inc. Acquires Midwest Marketing’s Distribution Business
Madico, Inc., one of the world’s leading manufacturers of a broad range of materials-based solutions, announced its acquisition of the window film distribution business of Midwest Marketing, Inc.

From industry

Portuetxe bidea 18
20018 San Sebastián (Gipuzkoa) Guipúzcoa
Spain

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

Add new comment