October 02, 2013

Actuant 4Q core sales flat

Actuant Corp. posted a boost in earnings from continuing operations in its fiscal fourth quarter on slightly increased sales pushed higher by acquisitions.

Actuant (NYSE: ATU), a Menomonee Falls-based manufacturer of branded hydraulic and electrical tools and motion control systems, said earnings from continuing operations were $45.1 million, or 60 cents per share, compared with $35.9 million, or 48 cents per share, in the year-ago period.

The discontinued operations refer to the electrical divisionâ;€¦;

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