3 months to December 31, 2000 | Year ago | |
---|---|---|
Revenue | $55,395,000 |
$59,155,000 |
Net profit | $2,950,000 |
$2,625,000 |
Net profit / share | $0.13 | $0.11 |
First quarter revenue decreased 6.4% to $55 million compared with $59 million last year. The decrease is a result of the continued sluggishness of the farm economy.
First quarter earnings increased by 12.4% to $2.9 million or $0.13 per share compared with $2.6 million or $0.11 per share last year. The number of shares outstanding is 23.5 million compared to 24.2 million last year.
The Company increased its’ annual dividend for the ninth consecutive year from $0.10 to $0.11 per share. The dividend will be paid on January 28th, 2002, to shareholders of record on December 20th, 2001.
Craig Engel - President
Phone: (204) 228-6206
E-mail: cengel@buhler.com
Trading symbol: BUI