Earnings

The manufacturer and distributor of interior and exterior doors reported 2022 first-quarter net sales of $726 million.

The health care solutions company’s 2022 first-quarter announcement follows its $1.6 billion acquisition of Apria, Inc.

Operations

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AMETEK 1Q Sales Up 20%

First-quarter 2022 sales were $1.46 billion, a 20% increase compared to the first quarter of 2021, the company says.

The average annual sales growth for the 12 months through March 2022 is 25.3% percent, the distributor group said.

Growing demand for supply chain orchestration is ‘driving strong financial performance across our global business,’ CEO says.

In what it called ‘record’ first-quarter results, Graybar reported a 116.5% increase in net income attributable to the company.

The Wisconsin-based manufacturer reported more than $1 billion in sales and a diluted EPS of $4.00 for the first three months of 2022.