(AMM) Castle narrows 4th-qtr. loss, sinks deeper in red for year

CHICAGO 10 March 2010 18:03

A.M. Castle & Co., a global distributor of specialty metal and plastic products, posted losses for both the fourth quarter and full year last year, although the results were mixed.

The company's fourth-quarter 2009 net loss of $15.5 million narrowed from a $53.6-million net loss in the same quarter a year earlier, on sales that fell 43.6 percent to $181.3 million from $321.5 million.

However, Franklin Park, Ill.-based A.M. Castle's full-year net loss of...

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(AMM) Castle narrows 4th-qtr. loss, sinks deeper in red for year

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