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Steinway reports sales increase.(Items of Interest)(Brief Article)
American Music Teacher
|
February 01, 2004 |
COPYRIGHT 2004 Music Teachers National Association, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
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 year ago quarter. In addition, unit shipments of Steinway & Sons ...
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Source: HighBeam Research, Steinway reports sales increase.(Items of Interest)(Brief Article)