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06 Mar
15:26

Ryerson grows profits, revenues in 2018

US service centre chain Ryerson witnessed a strong uptick in both profits and revenues during 2018, a pattern it expects to continue throughout 2019, Kallanish learns from the company’s year-end earnings review. Ryerson earned $106 million on sales of $4.4 billion in 2018, up from a profit of $17.1m on sales of $3.4 billion. Ryerson’s 2018 net income includes a gain-on-bargain purchase of $70m due to the company’s July acquisition of Central St…
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