(Reuters) - Net profit fell 35 percent to $42.6 million, or 45 cents per share, compared with $65.9 million, or 70 cents per share a year earlier.
Excluding special items, Timken earned 66 cents per share, the company said. Its industrial and steel groups reported higher sales and profits, while its automotive group had lower revenue and posted a loss.
Read more at Reuters.com Market News
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