HVAC Segment Sales Decline Due to Softer Market Demand

Thomas & Betts' HVAC segment experienced a 6% year-over-year sales decline in Q3 2008, attributed to softer market demand. Segment earnings also decreased compared to the prior year.

“HVAC segment sales were $31.2 million in the third quarter 2008, down six percent year over year due to softer market demand.”

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