Simpson's sales up 6.4% in Q2

Pleasanton, California-based Simpson Manufacturing reported a 6.4% increase in revenue during the second quarter of 2014.

Net sales for the three months ended June 30 were $207.9 million, compared to $195.3 million in the same period last year. Regionally, North America reported the largest increase in dollars, with Europe claiming the largest percentage jump at 9.1%.

Net income of $20.5 million for the quarter was also an improvement over 2013's $18.5 million bottom line. Gross profit also increased to $95.9 million from $89.2 million.

The growth was reflected in a diluted net income per common share of $0.42, up from $0.38 in the second quarter of 2013.

Login or Register to post a comment.