date:Jul 21, 2012
aging Services segment sales dropped $18m to $108m year-on-year and $7m from Q1 2012 courtesy of the loss of a contract packaging customer.
Segment operating profit was $4m in the quarter, compared with $8.7m in the second quarter of 2011, resulting in a 54% decline due to the lost contract.
DeLoach added: While we are encouraged by the progression of improvement in many of our businesses in the first half of the year, general economic conditions continue to be challenging and our customers' l