ACHRNEWS

Financial Reports: Aug. 13, 2012

August 13, 2012
Burnham Holdings Inc. (Lancaster, Pa.) announced second-quarter and year-to-date sales of $41.4 million and $78 million respectively, as compared to 2011 second-quarter and year-to-date sales of $40 million and $76.3 million.

Johnson Controls (Milwaukee) reported $417 million in net income, up 17 percent over last year, on a 2 percent increase in revenues. Diluted earnings per share were 61 cents, compared with 52 cents per share in the third quarter of fiscal year 2011.

Mueller Industries Inc. (Memphis, Tenn.) announced a net income of $17.9 million, or 47 cents per diluted share, for the second quarter of 2012. This compares to net income of $22.3 million, or 59 cents per diluted share, for the same period in 2011.

Watsco Inc. (Miami) reported that 2012 second-quarter revenues increased 15 percent to $1 billion, including $114 million of sales added by new locations. Gross profit was up 12 percent to $238 million.

Publication date: 8/13/2012