Welbilt Reports 7.1% 1Q/19 Sales Gain, 3.5% Organic

Welbilt Inc. said net sales 1Q/19 rose 7.1% versus the previous year quarter, with a 3.5% organic sales increase after accounting for acquisitions, including its purchase of Crem last year, and foreign exchange effects. Nearly all the gain came from the Europe and the Middle East and Asia/Pacific regions. Sales were essentially flat in the…