HUTCHINSON, Kan. – Eaton Corporation’s hydraulics division saw a 15 percent decline in sales in the first quarter.
The news comes as the Dublin Ireland company posted better than expected earnings for the first three month of 
the year.
Hydraulics segment sales were $665 million, down 15 percent from the first quarter of 2014. Organic sales in the quarter declined 9 percent and currency translation was negative 6 percent. Operating profits in the first quarter were $66 million. Excluding acquisition integration charges of $1 million during the quarter, operating profits were $67 million, a decline of 40 percent from the first quarter of 2014.
Overall Eaton reported quarterly net income of $466 million, or $0.99 per share, compared to $439 million, or $0.92 per share, in the year-ago period. Excluding items, the company’s operating earnings came in at $1.01 per share.
Still left to report their quarterly earnings as far as companies with ties to the area include ADM and Oneoak May 5 and Siemens May 7