Get Moblico news: TXTJOIN” to 833-338-4330

Chat with us: TXT or Call 855-662-5426

Team Moblico

Team Moblico

Regal Beloit Fourth Quarter Sales Down 16.3%

Share on facebook
Facebook
Share on google
Google+
Share on twitter
Twitter
Share on linkedin
LinkedIn

https://www.mdm.com/articles/40763-regal-beloit-fourth-quarter-sales-down-163

Manufacturer Regal Beloit Corp. (NYSE: RBC), Beloit, Wisconsin, reported sales for 2019 of $3.2 billion, compared to $3.6 billion from the previous year. Profit was $238.9 million, compared to $231.2 million a year ago.

Sales for the fourth quarter were $738.2 million, down 16.3% compared to the same period a year ago. The company profit of $36.7 million for the quarter, compared to $55.6 million in the prior-year quarter.

More to explorer

REHAU Launches New North American Website

https://www.achrnews.com/articles/142914-rehau-launches-new-north-american-websiteREHAU announces the launch of its new website that brings extensive resources to the desktops and mobile devices of customers.