INDUSTRY PROFITS RISE 41% IN Q2.
The increase compares to a 3% net income decline inthe year-ago period. The SG industry produced a 3% in increase in Q2 revenues,up from a 2% in Q1. The aggregate increase in net income would have been 57% ifVenator’s adjusted net income was listed here instead of its reported results.Return on Sales (ROS) was 3.0% versus 2.2% a year ago. Again, using Z’s adjustedresults from operations, the industry’s Q2 ROS would have been 3.4%.
It should also be noted that the big reversal atBrunswick Corp., from a $104.5 million loss in the year-ago period to a $41.5million profit this Q2, was ... Log in to view full article.