Buhler Industries Inc. reports 2nd quarter earnings
Winnipeg, Manitoba
April 21, 2005
| 3 months to March 31, 2005 | Previous year | |
| Revenue Net profit Net profit/share |
$63,989,000 $4,078,000 0.16 |
$62,634,000 $3,915,000 0.16 |
| 6 months to March 31, 2005 | Previous year | |
| Revenue Net profit Net profit/share |
$104,800,000 $5,725,000 0.23 |
$104,937,000 $6,008,000 0.25 |
Revenue Increased
Revenue for the second quarter increased by 2.2% to $64.0 million compared with $62.6 million last year. Revenue for six months increased by 4.6% to $109.8 million compared with $104.9 million last year.
Net Earnings Increased
Net earnings for the second quarter increased by 4.2% to $4.1 million or $0.16 per share compared with $3.9 million or $0.16 per share last year. Net earnings for six months decreased to $5.7 million or $0.23 per share compared with $6.0 million or $0.25 per share last year.
Looking Forward
Our current order backlog varies from product to product and ranges from "stronger than normal" to "weaker than normal". Due to the uncertain, long term reaction of our customers to our increased 2005 prices, we continue to forecast flat or slightly improved annual revenues in spite of the increases we experienced during the first two quarters of this year.
Contact
Craig Engel - President
Phone: (204) 228-6206
E-mail: cengel@buhler.com
Click here for complete financial statement
Trading symbol: BUI