Armstrong’s Yearly Profit Climbs

Armstrong World Industries today reported a small drop in net profits for the fourth quarter but a sizable increase for the year.

For the quarter, net profits slid 1.2 percent to $8.4 million (14 cents a share) from $8.5 million (14 cents a share) in the 2011 quarter.

Sales dipped 1.6 percent to $612.8 million.

Read more: http://lancasteronline.com/article/local/816802_Armstrong-s-yearly-profit-climbs.html#ixzz2LOK0sAFf

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