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Whirlpool Reports 9% Net Sales Increase In Q2
07-24-03
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Whirlpool Corporation  today announced second-quarter 2003 net earnings of $94 million, or $1.35 per diluted share, compared to $63 million, or $0.91 per diluted share, in the same period last year.

Second-quarter net sales of $2.99 billion increased 9 percent from last year. Excluding consolidated sales from the company's 2002 acquisitions -- Polar S.A. of Poland and Vitromatic S.A. de C.V. of Mexico -- and currency translations, net sales increased 2 percent.

David R. Whitwam
Chairman and chief executive officer

"This performance reflects the solid contributions from our global businesses and brands, including the introductions of innovative new products worldwide. The results also demonstrate the positive impact from continuous improvements in productivity, and from actions we are taking to align the company's cost structure with current economic and industry conditions."

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