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Welbilt 1Q-21 Revenues Declined 3.7% Globally, But Were Positive In The Americas

Written by The Ashton Report

Welbilt said its 1Q-21 global net sales were off 3.7%, but declined 6% after currency impact vs, 1Q-20. But CEO Bill Johnson said, “Third-party net sales and organic net sales grew in the Americas for the first time since the beginning of the COVID-19 pandemic, which drove a smaller than expected decrease in net sales…

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