Goodrich Announces 17 Percent Increase in Sales and 49 Percent Increase in Net Income per Diluted...

Thursday July 24, 7:33 am ET -- Second quarter 2008 sales of $1,849 million increased 17 percent over second quarter 2007 sales of $1,576 million.-- Second quarter 2008 income per diluted share of $1.46 increased 49 percent over second quarter 2007 income per diluted share of $0.98.-- Total segment operating income margin increased to 17.1 percent, from 16.3 percent in the second quarter 2007. -- Full year 2008 net income per diluted share expectations increased to $4.80 - $4.95 and sales outlook for 2008 adjusted to approximately $7.3 billion. Continue to expect net cash provided by operating activities, minus capital expenditures, to exceed 75 percent of net income in 2008. CHARLOTTE, N.C., July 24 /PRNewswire-FirstCall/ -- Goodrich Corporation (NYSE: GR - News ) announced results today for the second quarter, and increased... [read full story]