Simpson Manufacturing Co reports 2015 financial results
Net sales rose 5.6% to $794 million, while operating income increased 9.8%. The company launched new products and merged chemical facilities to boost efficiency.
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Net sales rose 5.6% to $794 million, while operating income increased 9.8%. The company launched new products and merged chemical facilities to boost efficiency.
Sales rose 20% to 11.6B SEK, driven by HVAC demand and M&A in Canada, while EBITA margin hit a record 11.6%.
Net sales dropped 4.5%, EBIT fell due to cyber attack and refrigerant costs. A new distribution agreement with Carrier launched.
Sales increased 31% to 7,627 MSEK with record operating cash flow of 1,810 MSEK. The company closed four acquisitions and proposed a 38% dividend increase.
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