Buhler Industries Reports 3rd Quarter Earnings



    WINNIPEG, Aug. 6 /CNW/ -

    
    3 Months to June 30th, 2008        Q3     2008    Q3     2007
                                      -------------  -------------
        Revenue                       $ 62,925,000   $ 40,888,000
        Net profit                       4,569,000      1,104,000
        Net profit/share                      0.18           0.04

    9 Months to June 30th, 2008                          Year Ago

        Revenue                       $145,891,000   $125,954,000
        Net profit                       9,372,000      2,207,000
        Net profit/share                      0.37           0.10
    

    Revenue Up

    Three-month revenue increased by 53.9% to $62.9 million compared to last
year. Revenue for nine months is up 15.8% to $145.9 million. The $US was
approximately 10% stronger last year in the same period.

    Net Earnings Increase

    Earnings per share increased to $0.18 per share from $0.04 the prior
year. We expect earnings per share to continue to improve. There are no
options issued or outstanding and the number of shares outstanding remains at
25 million.

    Looking Forward

    We will continue our increased focus on the North American market, in
order to satisfy the demand for equipment that has resulted from strong
commodity pricing in the agricultural markets. We will also continue to build
on the success of creating stability with our supply chain in support of
attaining our growth targets.

    Complete financial statement:
    http://www.buhler.com/dev/freports/buhler-2008-q3.pdf

    Trading symbol: BUI





For further information:

For further information: Alex Buchko, (204) 654-5710, Email:
abuchko@buhler.com, Web site: http://www.buhler.com


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