June 2007 -- Net income for the full year 2006 at Allegheny Technologies Inc. (ATI) was $571.9 million, or $5.59 per share, on sales of $4.94 billion, a 59% increase compared with net income of $359.8 million, or $3.57 per share, on sales of $3.54 billion for 2005. Sales increased 39% to $4.94 billion, and income before tax for the full year 2006 was $869.2 million, compared with $307.1 million in 2005.
"ATI's 2006 performance was a record year for sales, segment operating profit, and earnings per share," said Patrick Hassey, ATI's chairman, president and CEO. "ATI's continued growth is being driven by strong and increasing demand from the aerospace and defense market and increasing demand from those markets that are vital to the building and rebuilding of the global infrastructure."
