FYI

Manufacturers for the Week: 02/23/2001

  • Lennox International Inc. (Dallas, TX) announces its full-year 2000 and fourth quarter 2000 earnings. Sales for full-year 2000 increased 38% to $3.25 billion from $2.36 billion in 1999. Net income for 2000 was $59 million, compared with $73 million in 1999. Earnings were $1.10 per share in 2000 before a one-time restructuring charge in the third quarter, compared with $1.69 per share in 1999. Total company sales for the fourth quarter increased 27% to $779 million, up from $162 million in the fourth quarter of 1999. Diluted earnings per share for the fourth quarter were $0.16, compared with $0.35 last year.
  • American Standard Companies Inc. (Piscataway, NJ) reports its full-year revenues for 2000 rose to $7.6 billion, up 6% over 1999. After a restructuring charge, diluted earnings per share for the year were $4.36, up 6% from 1999. Fourth-quarter revenues totaled $1.8 billion, or $0.82 per diluted share, up 1% over the fourth quarter in 1999.
  • AAON, Inc. (Tulsa, OK), announces record net sales and earnings for 2000, with sales climbing 18% to $150.7 million from $128 million in 1999. Net income advanced 32% to $12.8 million, or $2.07 per share in 2000, compared with $9.7 million and $1.50 per share in 1999.
  • Publication date: 02/26/2001

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    Paula Liegl is the News and legislation/regulations editor248/244-6454.

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