Altra Reports Fourth-Quarter 2018 Results
Altra Industrial Motion Corp. (AIMC)
Last altra industrial motion corp. earnings: 4/30 07:00 am
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US:NASDAQ Investor Relations:
ir.altramotion.com/investor-relations
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Source: GlobeNewswire
Addition of Automation & Specialty Platform (“A&S Business”) Drives 110% Year-Over-Year Increase in Q4 Sales to $469.2 Million A&S Integration Advancing Exceptionally Well Cash Flow from Operations Enabled Debt Paydown of $25 Million Since Addition of the A&S Business Company Provides Full Year 2019 Guidance BRAINTREE, Mass., Feb. 21, 2019 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC) (“Altra” or “Company”), a leading global manufacturer and supplier of electromechanical power transmission, motion control and automation products, today announced unaudited financial results for the fourth quarter ended December 31, 2018. In the fourth quarter, Altra and Fortive Corporation (“Fortive”) consummated the previously announced combination of Altra with four operating companies from Fortive’s Automation & Specialty platform (the “A&S business”). Except where otherwise noted, financial results for the fourth quarter of 2018 include the A&S business whereas fi
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