Parker Hannifin's net income down 5.5% y/y to USD242 million in Q3 FY 2013/14

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Financial results

Reports net sales of USD3.35 billion, marginal increase of 1.6% y/y

Parker Hannifin Corporation has reported net income of USD242.4 million in the third quarter (Q3) ended 31 March 2013, down 5.5% year-on-year (y/y) from USD256.6 million recorded in the same period of the previous year, says a company press release.

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