Brunswick Corp said its first-quarter sales and profits hit records despite an after-tax charge of about 10 mln dlrs from its new boat-building units. The 10 mln dlrs charge or 22 cts a share was for amortization of intangible assets at Bayliner and Sea Ray two boatmakers acquired in December a spokesman tolds. Earlier it said net profits for the period were 34.7 mln or 78 cts a share versus 23.8 mln or 57 cts a share a year ago. Its Mercury units first-quarter sales increased 26 pct and operating earnings rose 19 pct while its industrial products unit operated at a slight loss it said.
BRUNSWICK <BC> NET GAINS DESPITE CHARGE