Sauer-Danfoss posts Q1 loss but beats expectations

05/6/2009 | Reuters

Sauer-Danfoss posted a loss of $78.4 million for the first quarter, compared with a profit of $27.9 million for the same quarter last year. The hydraulic and electronic systems manufacturer's revenue fell 43%. Sauer-Danfoss also forecast a 40% decline in 2009 sales.

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