Publicly Reporting E&S Companies Saw Organic Sales Decline 4Q/19, 2019 Organic Growth Was Only 1.5%

As we’ve reported during the past few weeks, all the publicly reporting E&S companies we follow except Rational had very slow or negative sales growth in the fourth quarter of 2019. Now our forecasting partner John Muldowney, principal at Clarity M&A, has rolled up the numbers and as a group, the seven companies—Middleby, Welbilt, ITW/FEG,…