Regal Beloit's 2007 Acquisitions Drive Sales Growth

Regal Beloit's first quarter 2008 net sales increased 28.1%, including $111.9 million from four acquisitions completed late in 2007. The acquisitions contributed to growth in the Electrical segment, which saw a 31.2% sales increase.

“Included in reported sales are $111.9 million of sales from the four acquisitions completed late in 2007. In the Electrical segment, sales increased 31.2%, including the impact of the 2007 acquisitions.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.