Fourth Quarter and Full Year 2022 Financial Review
4th Quarter Highlights : Sales & Revenues Increased $2.8B or 20%• Sales increased across the three primary segments• Favorable impact from price realization and higher sales volume.
Operating Profit Increased $69M or 4%• Favorable price realization and increased sales volume.
Key Thoughts For Full-Year 2023 : Expect sales in 2023 to increase versus 2022 supported by favorable price.
Expect price to more than offset manufacturing costs.