Steinway reports sales increase.(Items of Interest)(Brief Article)

Publication: American Music Teacher

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COPYRIGHT 2004 Music Teachers National Association, Inc.

Steinway Musical Instruments, Inc. reported a 10 percent increase in sales for the quarter ending September 27, 2003, amounting to $83 million. In addition, its EBITDA increased 23 percent, amounting to $11 million.

Piano sales for the quarter increased 19 percent to $42 million from $36 million in the...

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