Ladish Co., Inc. has reported 2006 second quarter sales of $90.2 million, a 36% improvement over $66.5 million of sales in the second quarter of 2005. The Company had a net income of $8.5 million, resulting in diluted earnings per share of $0.60 for the second quarter of 2006 versus net income of $4.6 million and $0.33 per share in the same period of 2005. First half 2006 sales of $185.2 million reflect a 41% growth over 2005, with $16.1 million of net income, $1.14 per share, in contrast to $7.3 million of net income, $0.53 per share, in 2005.
Ladish Co., Inc. is a leading producer of highly engineered, technically advanced metal components for the jet engine, aerospace and general industrial markets. Ladish is headquartered in Cudahy, WI, with forging and other operations in Wisconsin, Oregon, Connecticut, and Poland. Ladish common stock trades on Nasdaq under the symbol LDSH.