RICHMOND, Va., March 05, 2019 (GLOBE NEWSWIRE) — Synalloy Corporation (Nasdaq: SYNL), today announced net sales for the fourth quarter of 2018 of $72.7 million. This represents an increase of $19.8 million or 38% when compared to net sales for the fourth quarter of 2017. Excluding the impact of the MUSA-Galvanized acquisition in July of 2018, fourth quarter net sales were up 27% over the same period last year. Net sales for the full year 2018 totaled $280.8 million, an increase of $79.7 million or 40% from the full year 2017. Excluding MUSA-Galvanized, year-to-date net sales were up 34%.
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Timeline for Analysis:- History Year: 2013- 2018 Base Year: 2018 Estimated Year: 2019 Forecast Year: 2019 to 2025
BE Group AB operates as a trading and service firm in steel, stainless steel, and aluminum products in Sweden, Finland, Estonia, Latvia, Lithuania, Poland, and the Czech Republic. The company has market cap of $536.85 million. The firm offers aluminum products comprising sheets and plates, sections, bars, and tubes and pipes; and engineering steel products, including construction steel, alloyed heat-treated and case hardened steel, surface-treated bars, and hollow bars. It has a 6.75 P/E ratio. It also provides reinforcing steel products, including straight steel, reinforcing meshes, welded rebar meshes, threaded reinforcing products, stainless and acid-proof reinforcing products, brickwork reinforcing products, and supports for bars and meshes, as well as cut, cut and bent, and welded reinforcing products.
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“I especially like the system for its high-efficiency, 95 percent AFUE performance,” Shreiner said.
“Lincoln Industries has been a tenant at the airport for more than the last decade," said Lincoln Airport Executive Director David Haring. "While we are obviously excited to see the largest of the airport’s industrial facilities occupied after several years of vacancy, we are even more excited that such a respected and deep-rooted local company has elected to grow their operation in the LNK Enterprise Park."
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Warranty information: The manufacturer warrants that the heat exchanger will remain free of leaks for 10 years from the date of original installation or date of manufacture if proof of installation is not available, provided that the boiler is properly installed and maintained by a certified, licensed contractor and the other conditions of the warranty are met.
Warranty information: Five-year limited warranty on compressor and one-year limited warranty on covered components.
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