Cooper Posts Fourth-Quarter Profit

Cooper Industries Ltd., Houston, reported fourth-quarter net income of $88.9 million vs. a year-earlier loss of $51.3 million.

Revenue came in at $1.15 billion, up from $1.04 billion a year ago.

Sales in Cooper’s electrical products segment grew 11 percent to $950.4 million in the fourth quarter.The company’s electrical products businesses generated solid revenue increases during the 2004 fourth quarter, led by strong demand from utility and commercial and industrial customers

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