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15 May
17:19

US' Webco prepares for post-Covid recovery

US specialty tubing producer Webco plans to leverage its improved inventory and debt positions during the slow Covid-19 recovery, Kallanish learns from the company’s fiscal third-quarter earnings review.  Webco recorded a profit of $169,000 in the quarter ended 30 April on sales of $104.8 million. In fiscal Q3 2019, the company earned a profit of $6.6m on sales of $145.7m.  “We have spent the better part of the last five fiscal quarters redu…
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