SOURCE: Industrial Info Resources

Industrial Info Resources

June 29, 2012 06:15 ET

Worthington Industries Reaps Benefits of Acquisitions in Fiscal-Year 2012; CapEx to More than Double to $68 Million, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Jun 29, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Leading diversified metals manufacturer Worthington Industries Incorporated (NYSE:WOR) (Columbus, Ohio) reported slight but steady gains in overall revenues and profits in fiscal fourth-quarter and full-year 2012, as newly acquired businesses and a continuously improving U.S. automotive sector helped the company deal with steep deconsolidation costs and a sluggish construction industry. Net earnings were reported to be $52.08 million for the quarter, a 0.31% increase from fiscal fourth-quarter 2011, and $115.6 million for the year, a 0.46% increase from full-year 2011.

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