CARY, N.C. (May 5) — Lord Corp. reported double-digit earnings growth last year on 6.3-percent sales growth.
Operating and net income grew 21.9 and 20.2 percent, respectively, to $63.5 million and $41.1 million. Sales grew to $563.7 million. It´s the fourth straight year of increased sales and earnings.
Lord did not comment on the results, which were posted on its Web site.