Simpson Manufacturing reports positive Q4, full-year results

By Simpson Manufacturing Co., Inc.
Cision Newswire
February 6, 2023
Category: Finance & Economics
Region: Canada, United States

PLEASANTON, California — Simpson Manufacturing, an industry leader in engineered structural connectors and building solutions, announced its financial results for the fourth quarter and full-year of 2022.  2022. …Fourth Quarter Financial Highlights include: …Consolidated net sales of $475.6 million increased 13.6% from $418.6 million. ….Consolidated gross profit of $200.7 million increased 1.2% compared to $198.3 million. Consolidated gross margin decreased to 42.2% from 47.4%. … [and] Consolidated income from operations of $78.7 million decreased 18.9% compared to $97.1 million. …2022 Full-Year Financial Highlights include: Consolidated net sales of $2.12 billion… Consolidated gross profit of $941.3 million… [and] Consolidated income from operations of $459.1 million.

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