Parker Hannifin net income down 17.7% y/y to USD256.6m in Q3 FY2013

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Financial results

Net sales slip 3% y/y to USD3.3bn

Parker Hannifin has reported a net income of USD256.6m in the third quarter (Q3) ended 31 March 2013, down 17.7% year-on-year (y/y) from USD312.7m in Q3 FY2012, says the company’s press release. Net sales declined 3% y/y to USD3.3bn from USD3.4bn. Although revenues

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