Market commentary Mar 2006 Verified
NTK Holdings Reports Record 2005 Sales and Operating Earnings
NTK Holdings reported record 2005 annual sales of $1.959 billion, a 16.7% increase over 2004 combined periods, with operating earnings of $236.9 million. The company's residential HVAC markets benefited from a warm summer season and record industry shipments of central air conditioners and heat pumps.
“NTK Holdings’ residential HVAC markets benefited from a warm summer season and other factors that drove record industry shipments of central air conditioners and heat pumps.”
Entities
NTK Holdings, Inc. · Mentioned
HVAC Sentiment: Positive
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