Actuant Announces Record First Quarter Sales and Earnings.

Business Wire › December 21, 2005

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Actuant Announces Record First Quarter Sales and Earnings.

MILWAUKEE -- Actuant Corporation (NYSE:ATU) today announced record results for its first quarter ended November 30, 2005. First quarter fiscal 2006 net earnings and diluted earnings per share ("EPS") were $21.3 million and $0.70, respectively. This compares favorably to net earnings and EPS of $16.9 million and $0.62, respectively, for the first quarter of fiscal 2005 which included a $2.0 million pre-tax gain ($1.3 million after tax or $0.05 per diluted share), for the favorable settlement of a liability to a former subsidiary. E[acute accent]First quarter sales increased approximately 42% to $284 million compared to $200 million in the prior year. Current year results include those from Key Components, Inc., Hydratight Sweeney, Hedley Purvis Holdings Limited, and A.W. Sperry Instruments, Inc., which were acquired during the second and...

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