Paulin Sales & Profit Grow
November 17
00:00
2005
Paulin Sales & Profit Grow
Jason Sandefur
H. Paulin & Co. reported a 6% increase in sales to $38.3 million during the third quarter of 2005, while profit remained unchanged at $1.2 million.
“The growth in third quarter sales reflected double digit increases in retail hardware sales due to increased market share, new products and generally higher selling prices,” the company stated. Paulin also reported strong growth in Western Canada sales and higher sales of non-ferrous fasteners during Q3.
Sales for the first nine months of 2005 rose 7% to $115.8 million, while net income gained 20% to $4.9 million. Web: hpaulin.com �2005 FastenerNews.com
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