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Brady Corporation Reports Record Sales and Earnings for Fiscal 2006 First Quarter
MILWAUKEE, Nov. 16 /PRNewswire-FirstCall/ -- Brady Corporation reports record sales and earnings for its fiscal 2006 first quarter ended October 31, 2005.
Sales for the quarter rose 16.1 percent to $232.6 million compared to $200.4 million in the first quarter of fiscal 2005. Base business increased 7.0 percent, acquisitions added 8.0 percent to sales, and the impact of currency exchange contributed 1.1 percent to sales results.
Net income increased 48.3 percent in the fiscal 2006 first quarter to $30.2 million or $0.60 per diluted Class A Common Share, compared to $20.4 million or $0.41 per diluted share in the same quarter last year.
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