Esterline (ESL), a Bellevue-based aerospace manufacturer, saw its fourth-quarter earnings double, bolstered by booming sales and a stronger U.S. dollar.
Esterline saw its fourth-quarter earnings double, bolstered by booming sales and a stronger U.S. dollar.
The Bellevue-based aerospace manufacturer today posted net income of $43.9 million, or $1.46 a share, up from $20.9 million, or 78 cents a share, in the same period last year. Sales for the quarter ended Oct. 31 were $404.4 million, up 13.7 percent from $355.7 million a year ago.
The company reported a profit of $120.5 million for the full year, up from $92.3 million in 2007. Full-year sales were $1.48 billion, up from $1.21 billion.
Ángel González: 206-515-5644 or email@example.com
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