Lippert reports mixed Q1 results, but says acquisitions still in view

Lippert sign

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…

To continue reading, please see subscription options below for accessing IBI Premium Content.

Register or Sign-In to continue reading

You must be a registered user and logged in to read this content.

IBI Magazine_Website_promo_July

Register to access IBI News daily:

  • Breaking industry news as it happens
  • An average of 35 new items a week
  • Access to free content on ibinews.com, including company & product news, personnel announcements, our international boat show calendar, event listings and more
  • A personal account where you can save articles, change your email & address details and manage communication preferences

or Subscribe to IBI Plus for even more benefits:

  • Industry statistics
  • Market reports
  • Company insights
  • In-depth segment reports
  • Our archive of more than 30,000 news items and features

Get access to IBI Plus premium content Subscribe Today

Subscribe for as little as £20/month to get 20 accesses to Premimum Content a month

Already registered? Sign in now