Sauer-Danfoss exceeds expectations on first-quarter numbers
Hydraulic component manufacturer Sauer-Danfoss Inc. reported a 46 percent increase in first-quarter net sales yesterday.
Net sales were $564.7 million, compared with $386.8 million a year ago. The company, which has a major plant in Ames, reported a net income of $70.6 million for the first quarter, compared with $20.7 million in the first quarter of 2010. The company said it is raising its 2011 full year outlook.
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