date:Aug 09, 2012
ia-Pacific and Latin America, were offset by an unfavourable year-on-year comparison in the project-based tomato fruit processing equipment business and lower freezing and chilling equipment volume in Europe.
Operating profit of $14.1m increased 8% relative to the prior-year quarter driven by the higher aftermarket volume and savings from cost reduction initiatives announced in January 2012.
Q2 inbound orders of $162.9m increased 5% year-over-year and 11% sequentially largely because of stron