The Parent Company of Club Car golf cars has reported record sales, net earnings and earnings per share for the first quarter of 1999.
The Specialty Vehicles segment includes Club Car golf cars and utility vehicles, Bobcat skid-steer loaders and mini excavators, Ingersoll-Rand compactors, drilling equipment and rough-terrain material handlers. This segment’s sales totalled $582.4 million for the first quarter of 1999 an 8% increase over 1998 first quarter sales. The Company reports that all of the product lines in this segment achieved strong sales growth.
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