Circor International Inc's Suppliers recorded an increase in sales by 2.13 % year on year in Q2 2023, sequentially sales grew by 5.63 %, Circor International Inc recorded an increase in cost of sales by 5.3 % year on year, sequentially cost of sales grew by 8.67 % in Q2.
Circor International Inc's Suppliers recorded an increase in sales by 2.13 % year on year in Q2 2023, sequentially sales grew by 5.63 %, Circor International Inc recorded increase in cost of sales by 5.3 % year on year, sequentially cost of sales grew by 8.67 % in Q2.
Circor International Inc's Comment on Supply Chain
The raw materials used most often in our production processes are castings,
forgings and bar stock of various materials, including stainless steel, carbon
steel, bronze, copper, brass, titanium and aluminum. These materials are subject
to price fluctuations that may adversely affect our results of operations. We
purchase these materials from numerous suppliers and at times experience constraints
on the supply of certain raw material as well as the inability of certain suppliers
to respond to our needs. Historically, increases in the prices of raw materials
have been partially offset by higher sales prices, active materials management,
project engineering programs and the diversity of materials used in our production
processes.
Circor International Inc's Comment on Supply Chain
The raw materials used most often in our production processes are castings,
forgings and bar stock of various materials, including stainless steel, carbon
steel, bronze, copper, brass, titanium and aluminum. These materials are subject
to price fluctuations that may adversely affect our results of operations. We
purchase these materials from numerous suppliers and at times experience constraints
on the supply of certain raw material as well as the inability of certain suppliers
to respond to our needs. Historically, increases in the prices of raw materials
have been partially offset by higher sales prices, active materials management,
project engineering programs and the diversity of materials used in our production
processes.
CIR's Suppliers Net Income grew by
CIR's Suppliers Net margin grew in Q2 to
19.56 %
CIR's Suppliers Net Income grew by
CIR's Suppliers Net margin grew in Q2 to 19.56 %
Circor International Inc's Suppliers Sales Growth
in Q2 2023 by Industry
Sources:
Circor International Inc's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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