WINNIPEG, Dec. 24 /CNW/ - Record Sales Revenue increased to $284.1 million up 29.7% over the prior year of $219.0 million. Strong demand in North America for agricultural products contributed to the sales increase.
Year ending September 30, 2009
Revenue (millions) $284.1 $219.0
Net profit (millions) $14.4 $11.7
Net profit/share $0.577 $0.47
Shares issued (millions) 25.00 25.0
Net Earnings Up for the Year
Net earnings for the year came in at $14.4 million up from $11.7 million in the previous year resulting from the increase in sales. Earning per share came in at $0.57 compared to $0.47 in the prior year.
The 2009 sales levels represent a record year for the company, despite the current economic crisis. Sales of short-line equipment continue to do well, however, a decline in overseas tractor sales is anticipated and as a result, sales are expected to be lower in 2010.
Complete financial statement:
Trading symbol: BUI
SOURCE Buhler Industries Inc.
For further information: For further information: Willy Janzen, Chief Financial Officer, Phone: (204) 654-5718, E-mail: email@example.com