CLEVELAND--(BUSINESS WIRE)--Ferro Corporation (NYSE:FOE) announced sales of $551 million for the quarter ended September 30, 2007, up 10 percent from sales of $501 million in the third quarter of 2006. Income from continuing operations for the 2007 third quarter was $5.6 million, or $0.12 per diluted share, up 2.2 percent compared with $5.5 million, or $0.12 per diluted share, in the third quarter of 2006. During the quarter, lower selling, general and administrative expenses and lower interest expense were largely offset by restructuring charges related to the consolidation of certain manufacturing operations in Europe and higher income tax expense. The 2007 third quarter income from continuing operations included net pre-tax expenses of $6.5 million primarily related to restructuring costs. The third quarter 2006 income from continuing operations included net pre-tax expenses of $1.3 million primarily related to manufacturing rationalization activities.
