Ampco-Pittsburgh (AP) Misses Q3 EPS by 14c
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Ampco-Pittsburgh Corporation Announces Third Quarter 2017 Results
November 6, 2017 8:18 AM ESTCARNEGIE, Pa.--(BUSINESS WIRE)-- Ampco-Pittsburgh Corporation (NYSE: AP) reported sales for the three and nine months ended September 30, 2017, of $103.9 million and $318.0 million, respectively, compared to $82.9 million and $239.7 million, respectively, for the three and nine months ended September 30, 2016. The current year periods include sales of $8.1 million and $36.4 million, respectively, associated with the November 2016 acquisition of ASW Steel Inc. (ASW). In addition, the Corporation experienced higher sales of forged engineered products for the oil and gas industry and, for the nine months ended, higher sales of mill rolls compared to the prior year periods.
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