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Middleby Organic Sales Fall Nearly 9%; Rational Off 9% In North America

Written by The Ashton Report

 Middleby Corp. and Rational AG reported final 1Q-20 sales and earnings last week. Middleby said its Commercial Foodservice business was off 8.7% organically, versus the 1Q-19. CEO Tim Fitzgerald said the company has “implemented swift actions to protect our employees, ensure uninterrupted service to our customers, and aggressively adjust our business and cost structure for…

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