Architectural Tension Bar For Construction High Strength Steel Tie Rod are steel structural members made of carbon structural steel and alloy steel, processed by machining, heat treatment and surface anti-corrosion treatment, supplemented by adjusting sleeves, lock and joints etc. The steel tie rod are important components of steel structures for construction of giant, large span buildings and ship docks. They are mainly used for prestressed parts and large span buildings in construction projects. While the strength of the product is improved, but the plasticity index is not reduced, which satisfies the principle of using the same amount of strength in the architectural design. The tie rods, tie bars, tension rods and tension bars steel grades are specified as grade 460, grade 520, grade 550, grade 650. Tension Bar,High Tensile Steel Rod,Structural Tension Rods,Architectural Tension Bar For Construction SHANDONG LE REN SPECIAL STEEL CO., LTD. , https://www.js-luggagecarts.com
Meritor's fourth-quarter financial sales reported $1.2 billion
United States parts supplier Meritor Corporation recently announced its financial report for the fourth quarter of fiscal year 2011 (June to September) and for the entire fiscal year (October 1, 2010 to September 30, 2011). It also made predictions on the financial situation in fiscal year 2012.
In the fourth quarter, Meritor’s sales were US$1.2 billion, a year-on-year increase of 29%; operating income was US$38 million, diluted earnings per share was US$0.40, and operating income for the same period last year was US$9 million, with diluted earnings per share of 0.09. Dollars. The adjusted income was 43 million U.S. dollars. The adjusted income for the same period last year was US$14 million; the adjusted EBITDA was US$97 million, which was an increase compared to the same period last year (US$75 million). The free cash flow in the fourth quarter was $23 million, compared with $42 million in the same period last year.
For the entire fiscal year, Meritor’s sales totaled US$4.6 billion, a year-on-year increase of 31%; net income was US$63 million; net income for fiscal year 2010 was only US$12 million; operating income was US$65 million, diluted earnings per share. US$ 0.67, operating income for fiscal 2010 was US$ 14 million, and diluted earnings per share were US$ 0.16.
For the upcoming fiscal year 2012, Meritor expects that sales will be around US$4.8 billion; adjusted EBITDA will be between 8.2% and 8.6%; adjusted income will be between US$105 million and US$135 million Between the U.S. dollars; free cash flow is between 25 and 75 million U.S. dollars; effective tax rate is approximately 40%.