Ampco-Pittsburgh (AP) Reports Q2 Loss of $0.53/Share
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Ampco-Pittsburgh Corporation Announces Second Quarter Results
August 3, 2016 7:52 AM EDTCARNEGIE, Pa.--(BUSINESS WIRE)-- Ampco-Pittsburgh Corporation (NYSE: AP) reported sales for the three and six months ended June 30, 2016 of $93,301,000 and $156,879,000, respectively, compared to $59,973,000 and $125,060,000, respectively, for the three and six months ended June 30, 2015. The current year periods include sales of $40,441,000 and $53,024,000, respectively, for the three and six months ended June 30, 2016, associated with the March 3, 2016, acquisition of Ã…kers AB and certain of its affiliated companies (Ã…kers). The Corporation reported a loss from operations of $4,856,000 and $9,819,000, respectively, for the three and six months ended June 30, 2016, compared to a loss from operations of $806,000 and $304,000 for the... More
