Winchester Sales Grow Double Digits
Revenues at Olin Corp.’s ammunition segment increased by 12% in the first quarter to $409.4 million from $366.5 million, with both commercial ammo shipments and military sales higher, and a boost from sales of White Flyer, which was acquired in Q4 ‘23. Operating income jumped 18% to $72.2 million from $61.0 million, despite lower commercial ammunition pricing. Depreciation and amortization expense was $7.9 million ... Log in to view full article.
