30
Apr
16:51
Leggett & Platt first-quarter earnings show mixed results
Diversified manufacturer Leggett & Platt says that improved metal margins at its steel rod mill in the first quarter, combined with earnings from the acquisition of Elite Comfort Solutions (ECS) were offset by declines in automotive, fashion bed, flooring products, and adjustable bed segments, Kallanish reports. Leggett acquired ECS for $1.25 billion in cash in January of this year.
“We continue to expect sales growth in automotive, US s…
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Anonymous
Very good overview of the weekly steel market.
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