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Carlisle Companies Reports Preliminary Fourth Quarter 2014 Financial Information

2015-01-20 04:43:40| Industrial Machines - Topix.net

Following continued strong sales volume growth, CCM experienced lower sales volume growth in November and December due in part to the early onset of winter conditions in much of the United States, compounded by lower than anticipated demand and the negative impact of foreign currency fluctuations from the stronger U.S. dollar on its sales into Europe. As a result, net sales growth for the CCM segment will be in the mid-single digit percent range in the fourth quarter compared to 16% net sales growth in the prior quarter.

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