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LOS ANGELES -- Ducommun Inc. today reported third-quarter profits of $1 million, down from $5.8 million last year, in part due to costs stemming from its $340 million acquisition of electronics manufacturing services firm LaBarge.

Ducommun LaBarge Technologies , the EMS unit, reported third quarter net sales of $110 million, up from $31.8 million in 2010. Operating income was $7.3 million, up from $3.1 million. DLT operating income was $10.9 million, excluding pretax acquisition-related expenses of $3.6 million

For the period ended Oct. 1, overall net sales increased 86% year-over-year to $185.1 million, in part from increased sales of $83.8 million from LaBarge. Organic growth was 2%, primarily from increased sales of products for commercial aircraft. During the quarter, the company generated $3.7 million of cash flow from operations.

“We are pleased to report our first full quarter of financial results that include LaBarge under the Ducommun umbrella,” said Anthony J. Reardon, president and chief executive. “The integration of our operations remains on track, with the combined Ducommun LaBarge Technologies benefiting from strong demand across a diverse set of end markets."

 

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