Barnes Group Inc. Announces First Quarter 2006 Financial Results.

Business WireApril 20, 2006

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Barnes Group Inc. Announces First Quarter 2006 Financial Results.

BRISTOL, Conn. -- - Net sales rise 10 percent to a record $300 million

- Net income rises 61 percent; diluted EPS of $0.73, up 52 percent

- Full-year 2006 estimated net income per diluted share raised to $2.55 - $2.65

Barnes Group Inc. (NYSE: B) today announced financial results for the quarter ended March 31, 2006. Net sales for the first quarter were $299.9 million, up 10 percent from $273.7 million in the first quarter of 2005. Operating income grew 48 percent to $28.1 million in the first quarter of 2006, from $19.0 million in the first qu...

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