Oshkosh Truck Corporation on Thursday said third quarter profit rose 12% on stronger sales of emergency and military vehicles, Reuters reported.
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The news agency said Oshkosh, which also makes cement mixers and rubbish trucks, also raised its earnings outlook for the full year ending September 30 to $US4 a share from $3.70 a share previously, citing a strong backlog of defence business.
According to Reuters, the company, based in Oshkosh, Wisconsin, reported net income of $24.2 million, or $1.39 a share, for the third quarter ended on June 30, compared with $21.6 million, or $1.24 a share, a year earlier, while sales increased to $538.2 million from $489.5 million.
