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Simpson's sales up 9.1% in Q1

Simpson Manufacturing scored considerable increases in both its top and bottom line in the first quarter of 2014.

Net sales for the three months ended March 31 were $168.3 million, up 9.1% from 2013's total revenue of $154.3 million. This was largely attributed to a large increase in North American sales, as well as the Europe and Asia/Pacific segments.

In terms of net income, the company took home $12.1 million, more than double its $4.8 million income in 2013.

Wood construction product sales carried much of the momentum, the company added -- making up 86% of total company sales in the first quarters of 2014 and 2013.


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