BARNES- B : AN AEROSPACE GIANT THAT HAS A LOT OF POTENTIAL Message Board

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Strategies & Market Trends : BARNES- B : AN AEROSPACE GIANT THAT HAS A LOT OF POTENTIAL

B 31.92

+0.2%

2:39 PM EDT

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To: Market Tracker who wrote (81)	4/14/1999 1:44:00 PM
From: Market Tracker	Read Replies (1) of 87

BRISTOL, Conn., April 14 (Reuters) - THREE MONTHS ENDED MARCH 31, 1999 1998 Net sales $162.2 $168.9 Oper income 14.8 19.4 Net income 10.0 11.8 Per shr basic 0.50 0.59 Per shr diluted 0.50 0.58 (Numbers in millions except per share data) NOTE: Co said sales at Associated Spring unit were $66.3 mln in '99, down from $68.5 mln in '98. Profits also fell withsales, co said. At Associated Spring, lower Q1 sales were due to the Asian economic situation, which affects Singapore operations, the devaluation of the Brazilian real and the overall softening of sales in some industrial markets. At Bowman Distribution unit, Q1 sales were $60.0 mln in '99, down from $66.5 million in '98. Profits also fell, co said, due to shipment delayed from the planned warehouseshutdown in Ky. Also, co said sales at Bowman were hurt by the loss of akey customer. Full name of company is Barnes Group Inc.

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