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This compares to 2008 second quarter net earnings of USD17.1m or USD0.99 per share on net sales of USD173.5m.
Chairman and CEO Selim A Bassoul said: "As expected, industry conditions continued to be difficult throughout the second quarter. Purchases by our customers both in the Commercial Foodservice Group and the Food Processing Group continued to be impacted by the general economic environment."
Net sales in the second quarter declined 8.6%. Excluding the impact of the acquisitions of CookTek LLC and Anetsberger Brothers Inc, which were completed on 30 April 2009 for a combined USD11.4m in cash, sales declined by 21.2% during the second quarter.
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