More on Chicago Bridge & Iron (CBI): Q4 beats across the board on a 30% jump in total sales...

|About: Chicago Bridge & Iron Company (CBI)|By:, SA News Editor

More on Chicago Bridge & Iron (CBI): Q4 beats across the board on a 30% jump in total sales Y/Y. Net earnings rose 27% on sales growth across all segments. Project engineering and construction, which represents more than half of the top line, saw revenue grow 30%. Its steel-plate structures business, which made up 35% of the top line in the latest period, saw revenue grow 14% while, Lummus-technology revenue was 18% higher. Gross margin widened to 12.9% from 11.7%.