Amo Improves Sharply

The American company's operating profit jumped by 180.0 percent to $27,244,000 in the 1st quarter ended March 30, on sales growth of 5.6 percent to $251.7 million. The gross margin shrunk by 1 percentage point to 62.5 percent. Net earnings more than quadrupled to $12,109,000. Growth in the quarter was ...

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