Olin’s Winchester Segment Sees Lower Demand in Q4
Winchester ammunition sales dropped 12% in the fourth quarter to $145.5 million from $165.4 million on lower commercial sales and lower product prices compounded by a less favorable product mix, though military sales were strong. Commodity and other material costs increased $2.0 million, contributing to adjusted EBITDA that was down 43% to $9.4 ... Log in to view full article.
