The Company reported net sales of 1.184 billion dollars in the second quarter of 2009, an increase of 4 percent compared with the 1.136 billion dollars in the second quarter of 2008. Foreign currency translation comparisons decreased second quarter sales by approximately 69 million dollars. Revenue for the second quarter increased 10 percent after adjusting for the impact of foreign currency.
Reported net earnings for the second quarter of 2009 were 219 million dollars, or 0.63 cents per diluted share. This compares with reported earnings for the second quarter of 2008 of 193 million dollars, or 0.55 cents per diluted share, a 15 percent increase over the prior year.
Commenting on the Company