NTK posts $57.7M profit on sales of $2.22B

PROVIDENCE – NTK Holdings Inc., the parent of Nortek Holdings Inc. and Nortek Inc., yesterday posted a 1.4-percent increase in profit to $57.7 million in 2006. Net sales surged 13.2 percent to $2.22 billion. Operating earnings grew 11.6 percent to $265 million. Acquisitions contributed about $213 million in sales and $23 million in operating earnings…

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