Reflecting on the company’s fourth quarter (Q4) 2021 results, Worthington Industries’ President and CEO, Andy Rose, said the company saw robust demand across most of its businesses and joint ventures.
Highlighting positive growth, the Ohio-based company reported net sales of $978.3m for the quarter, an increase of over 60% over the comparable quarter in the previous year.
Net earnings of $113.6m were also reported, or $2.15 per diluted share.
Worthington attributed the increase to overall volume improvements in both Steel Processing and Pressure Cylinders, as well as higher average direct selling prices in Steel Processing.
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