Crane Internal News2024-04-19T15:57:16-05:00

CRANE internal news

President - John O'Sullivan

Message from John O’Sullivan
April, 2024

In our effort to continually improve our communication, please see below containing information from our first quarter of 2024. This information will be covered in more detail at the upcoming Town Hall meeting on April 24. We look forward to seeing you all in person for our next All Associates meetings in late July.

Thank you for “Being Crane”,

John O’Sullivan
PRESIDENT

Q1 2024 vs Plan
Net Sales -10.4%
Operating Profit -16.4%
  • Price/Mix -$0.5M
  • Share Gains -$1.0M
  • Market Demand -$4.9M
  • All segments tracking below plan driven by slower market demand vs. expectations

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