14966 Tue, 07/29/2008 - 11:53am
RYE, N.Y.–Jarden Corp. saw its net income for the quarter ended June 30 increase to $43 million, compared with net income of $16.7 million last year.
The income increase was from a net sales leap of 30 percent to $1.4 billion for the quarter.
“Jarden posted an outstanding second quarter in a difficult macroeconomic environment,” said Martin Franklin, chairman and chief executive officer, in a statement. “By any key measure, whether organic sales growth, gross margin expansion, free cash flow, working capital improvements, liquidity and positive momentum, we achieved our macro goals.”