Brief: Strattec Security Q2 Sales $112.9 Million Versus $103.2 Million

Strattec Security

24/01/2019 21:01

Strattec Security Corp  STRT.O :
    * ORATION REPORTS FISCAL 2019 SECOND QUARTER OPERATING
RESULTS AND
PENSION SETTLEMENT CHARGE
    * Q2 LOSS PER SHARE $5.96
    * Q2 SALES $112.9 MILLION VERSUS $103.2 MILLION
    * Q2 ADJUSTED EARNINGS PER SHARE $0.71 EXCLUDING ITEMS
    * STRATTEC SECURITY - DURING CURRENT YEAR QUARTER, COMPLETED
SUBSTANTIAL PORTION OF TERMINATING STRATTEC PENSION PLAN THAT
WAS FROZEN ON DEC 31, 2009
    * NON-CASH PRE-TAX PENSION SETTLEMENT CHARGE OF $32.4
MILLION WAS
RECORDED DURING CURRENT YEAR QUARTER

Source text for Eikon:  ID:nGNX6z8cVD 
Further company coverage:  STRT.O