Reliance Steel & Aluminum Co has reported that second quarter 2013 sales were $2.45 billion, up 10.8% from $2.21 billion in the second quarter of 2012 and up 20.9% from $2.03 billion in the first quarter of 2013. Tons sold were up 24.2% from the second quarter of 2012 and up 28.7% from the first quarter of 2013. Net income attributable to Reliance was $81.0m, down 25.6% from $108.8m in the second quarter of 2012 and down 3.2% from $83.7m in the first quarter of 2013. Earnings per diluted share were $1.05, down 27.1 % from $1.44 in the second quarter of 2012 and down 3.7% from $1.09 in the first quarter of 2013. A pre-tax LIFO credit of $5.0m is included in cost of sales compared to a pre-tax LIFO credit of $7.5m in the second quarter of 2012 and a credit of $5.0m for the first quarter of 2013.
展开▼
