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February 08, 2013 01:00 AM

Carlisle sales, profits soar

Rubber & Plastics News Report
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    CHARLOTTE, N.C.—Carlisle Companies Inc. net income jumped 46.9 percent and sales 12.6 percent for fiscal 2012, as acquisitions made throughout the year making significant contributions.

    The company reported net profits of $267.3 million and sales of $3.63 billion for the year. Earnings before income and taxes rose 4.2 percent during the year to $424.3 million.

    David Roberts, chairman, president and CEO, said Carlisle expects sales growth in 2013 in the mid- to high-single-digit percent range as well as continued margin improvements from plant restructuring activities, organic sales growth and savings from the Carlisle Operating System.

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