GRAND RAPIDS, Mich. — The Whirlpool Corp. has announced that its fourth-quarter profit climbed 72%, aided by its Maytag acquisition, an improved product mix and the weak dollar. Whirlpool’s net earnings for all of 2007 rose 48%.
Whirlpool, which bought Maytag in 2006, reported fourth-quarter earnings after preferred dividends increased to $187 million, or $2.38 per share, compared to $109 million, or $1.37 per share, in the previous year. Quarterly revenue grew 7% to $5.33 billion from $5 billion a year earlier.
