Invacare Corp.’s profits rise, sales fall in first quarter

Invacare Corp. in Elyria, Ohio, said today that profits rose and sales fell in the first quarter, compared with a year ago. Several factors worked to boost net income 9 percent to $2.4 million, including a 2.1 percent rise in “organic sales.” Subtracting from Invacare profits: Higher prices for raw materials, and some foreign currency transactions and translations.

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