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Article Date: January 2017
Word Count: 413

Brunswick Swings to Profit on Lower Charges

Net earnings were $17.7 million against a loss of $9.3 million for the final quarter ended Dec. 31 on a solid 10% increase in sales to $1,083.0 million against $986.1 million that was roughly half attributed to organic growth and the balance to acquisitions. 2015 results included $12.4 million in restructuring, integration and impairment charges against $6.8 million in 2016, while pension settlement charges declined in the same periods from $82.3 million to $55.1 million. For the full year, net income rose 21% to $274.4 million from $227.4 million on 9% sales improvement to $4,488.5 million from $4,105.7 million.


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