Eaton's truck parts revenue reached US$576 million in the first quarter
Eaton Corporation (Eaton Corporation) recently said that the company's operating income for the first quarter of 2011 increased from $ 3.1 billion last year to $ 3.8 billion, an increase of 22.6%. Eaton said that in the first quarter, the company’s truck parts business had revenue of US$576 million, up 27.2% from the US$453 million in the first quarter of 2010. Revenue from its automotive components business increased by 72 million U.S. dollars to 446 million U.S. dollars, an increase of 19.3 percent year-on-year from 374 million U.S. dollars in the same period of last year. Alexander M. Cutler, Eaton’s chairman and chief executive officer (CEO), said: “Our growth momentum was strong in the first quarter, with profits up 14% from the first quarter of 2010 and sales up 23% year-on-year.†The company said its first-quarter net profit rose to US$287 million (83 cents per share) from US$155 million (46 cents per share) in the same period last year. In addition, Eaton also raised its 2011 fiscal year earnings forecast by 15 cents to 3.66-3.96 US dollars. The average analyst estimate is $3.80. Metal Rolling Shutters Forming Machine Wuxi longbo roll forming machinery company, where located in wuxi city, jiangsu province, 110 km far away from shanghai. Specialized in manufacture windows & doors foam insulated shutters slat machines; Metal single rolling shutters machines; Continuous & dis-continuous garage/sectional doors panel production line; Roll up doors machines; As wellas others construation special profiles Forming Machine. Design by copra software germany. We have export many machines to east eu; russia; middle east; south american and africa. Metal Rolling Shutters Forming Machine,Roller Shutter Machine,Shutter Roll Forming Machine,Fast Rolling Doors Series Machines WUXI LONGBO ROLL FORMING MACHINERY CO.,LTD , https://www.lbrollformer.com