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Parker Reports Second Quarter Sales, Net Income and Earnings per Share

Parker Hannifin Corporation reported results for its fiscal 2009 second quarter ending December 31, 2008.  Fiscal 2009 second quarter sales were $2.7 billion, a decline of 5% from $2.8 billion in the same quarter a year ago.

In the Climate & Industrial Controls segment, second-quarter sales declined 21.8% to $179.2 million, and the segment recorded an operating loss of $12.8 million, compared with an operating profit of $5.4 million in the same period a year ago.

Source: Parker Hannifin

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