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…
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.
To continue, register now to access IBI News daily:
Benefits inlcude:
- Breaking industry news as it happens
- An average of 40 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
Subscribe for as little as £20/month to get 20 accesses to Premium Content a month. Benefits include access to:
Industry statistics / Market reports / Company insights / In-depth segment reports / Our archive of more than 38,000 news items and features
Already registered? Sign in now
- © 2021 Boating Communications Ltd.
- Topics A-Z
- Print Issues
- Terms & Conditions
- Privacy & Cookie Policy
- Subscribe
- Contact us
