Harvey, Illinois-based Atkore International, a producer of galvanized steel tubes and pipes, electrical conduit, armored wire and cable and metal framing systems, announced Friday that for Q2 of fiscal 2013 (three months ended March 29, 2013), sales fell by $21 million to $406 million compared to the same quarter a year ago. The decrease was due primarily to the impact of lower average selling prices from the Global Pipe, Tube & Conduit (GPTC) and Global Cable & Cable Management (GCCM) products of $25 million and an unfavorable foreign currency exchange impact of $5 million, primarily as a result of the appreciation of the US dollar versus the Brazilian real. This decrease was partially offset by $8 million from higher volume and $5 million of freight recovery classified as revenue in the current period.
In the GPTC unit, net sales for fiscal Q2 decreased $19 million to $260 million, from $279 million for the three months ended March 30, 2012. The decrease was attributable primarily to lower average selling prices. Net sales decreased $1 million to $157 million for the three months ended March 29, 2013 in GCCM compared to $158 million for the three months ended March 30, 2012. The decrease was due primarily to lower average selling prices, partially offset by higher volume for GCCM products.
