Summary
Armstrong World Industries on Friday reported a 5.3 percent dip in second quarter net profits, due to several special factors.
Net profits were $26.8 million (46 cents a share) in the quarter ended June 30, down from $28.3 million (50 cents a share) in the 2009 quarter.See the full content of this document
Extract
Armstrong Profits Dip 5.3% in 2nd Quarter, but Revenues Up
Revenues, though, increased 2.7 percent to $724.8 million for the maker of floors, ceilings and cabinets.
Profits at Lancaster-based Armstrong were hurt by a variety of factors:A...See the full content of this document
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