Distribution Group For the third quarter of 2012, the Distribution Group posted operating income of $4.8 million on net sales of $58.3 million. For the same period in 2011, the Group had operating income of $4.3 million on net sales of $58.4 million. Although the Group experienced lower demand for non-titanium products as customers defer orders due to uncertainty surrounding the possible market impact of sequestration, this decline was more than offset by increased sales of titanium products.Year-to-date, the Distribution Group reported net sales of $188.2 million resulting in operating income of $13.4 million, compared with net sales of $160.3 million and operating income of $8.4 million for the same period in the prior year.
RTI International Metals Reports Strong Third Quarter Results
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts