Buhler Industries Inc. reports 3rd quarter earnings
Winnipeg, Manitoba
July 20, 2007
| 3 months to June 30, 2007 | Previous year | |
| Revenue Net profit Net profit/share |
$40,888,000 $1,104,000 0.04 |
$42,879,000 $879,000 0.04 |
| 9 months to June 30, 2007 | Previous year | |
| Revenue Net profit Net profit/share |
$125,954,000 $2,385,000 0.10 |
$141,420,000 $4,461,000 0.18 |
Revenue Down
Revenue decreased by 4.6% to $40.9 million compared with $42.9 million last year. Revenue for nine months decreased by 10.9% to $126.0 million compared with $141.4 million last year.
Net Earnings Increase
Earnings per share increased to $0.044 up 13% over 2006 earnings of $0.039 per share. There are no options issued or outstanding and the number of shares outstanding remains at 25 million.
Looking Forward
During this quarter we continued to work relentlessly on the set goals and I am pleased to see inventory, bank debt, interest expense and GS&A are all on target.
Contact
Ossama A. Abouzeid, Ph.D., MBA President and CFO
Phone: (204) 654-5710
E-mail: oabouzeid@buhler.com
Click here for complete financial statement
Trading symbol: BUI