For the third year in a row a solid majority of fastener companies participating in the annual FIN Survey reported strong results, with widespread sales and profit gains and stable costs.
The annual FIN Company Performance Index edged up to 6.7 from 6.6 the previous year. Just over seven in ten businesses reported “moderate” to “strong” sales growth in 2013, down from the 78% that achieved revenue growth in 2012. Approximately 43% reported “moderate” growth in sales, while 28% saw a “strong increase” in sales. (…)
