Lippert reports mixed Q1 results, but says acquisitions still in view
Profitability declined due to coronavirus-related shutdowns offsetting sales gains and an otherwise strong start to FY 2020
Indiana, US-based parts and accessories manufacturer Lippert Components Inc (LCI) released its 2020 first-quarter financial results Tuesday, reporting gains in net sales but declines in net income as a result of impacts from the Covid-19 pandemic on its manufacturing operations.
More international acquisitions in the pipeline…
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