Actuant Reports Improved First Quarter Results; Increases Fiscal 2012 Earnings Guidance
MILWAUKEE–(BUSINESS WIRE)–Actuant Corporation (NYSE: ATU) today announced results for its first quarter ended November 30, 2011. Highlights 39% year-over-year increase in diluted earnings per share from continuing operations (“EPS”) to $0.50. Core sales growth of 7% (total sales less the impact of acquisitions, divestitures and foreign currency rate changes) with double digit core sales growth in both the Industrial and Energy segments. Year-over-year operating profit margin expansion of 150 b
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Actuant Reports Improved First Quarter Results; Increases Fiscal 2012 Earnings Guidance
Joy Global Inc. Announces Fourth Quarter and Fiscal 2011 Year-End Operating Results
MILWAUKEE–(BUSINESS WIRE)–Joy Global Inc. (NYSE: JOY), a worldwide leader in high-productivity mining solutions, today reported fourth quarter and full year fiscal 2011 results. Fourth quarter bookings increased 33 percent to $1.4 billion in fiscal 2011, compared to the fourth quarter of last year. Operating income increased 31 percent to $296 million on a revenue increase of 27 percent to $1.3 billion. Income from continuing operations was up 33 percent to $195 million, or $1.83 per fully dil
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Joy Global Inc. Announces Fourth Quarter and Fiscal 2011 Year-End Operating Results
Magnetek Announces First Quarter Results
MENOMONEE FALLS, Wis.–(BUSINESS WIRE)–Magnetek, Inc. (NYSE: MAG): Net sales for Q1 of Transition Period 2011 increased 17% over prior year Q1 sales to $29.2 million. Income from continuing operations increased significantly to nearly $2.0 million, or $.06 per share, compared to prior year Q1 income from continuing operations of $0.7 million, or $.02 per share. Cash balances increased by $1.6 million during Q1 of TP 2011 to $14.1 million as of October 2, 2012. Magnetek, Inc. (“Magnetek” or “the
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Magnetek Announces First Quarter Results
Actuant Reports Improved Third Quarter Results; Raises Fiscal 2011 Guidance and Provides Initial Fiscal 2012 Outlook
MILWAUKEE–(BUSINESS WIRE)–Actuant Corporation (NYSE: ATU) today announced results for its third quarter ended May 31, 2011. Highlights A 46% increase in diluted earnings per share from continuing operations (“EPS”) to $0.51, compared to $0.35 in the prior year quarter (excluding prior year restructuring and tax items – see attached reconciliation of earnings.) Core sales growth in all four segments, resulting in a consolidated 14% year-over-year increase in core revenue (total sales less the i
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Actuant Reports Improved Third Quarter Results; Raises Fiscal 2011 Guidance and Provides Initial Fiscal 2012 Outlook
Actuant Reports Improved Second Quarter Results; Updates Full Year Guidance
MILWAUKEE–(BUSINESS WIRE)–Actuant Corporation (NYSE: ATU) today announced results for its second quarter ended February 28, 2011. Highlights 43% year-over-year increase in diluted earnings per share from continuing operations (“EPS”) from $0.21 to $0.30 (excluding prior year restructuring costs – see attached reconciliation of earnings). Strong sales momentum continued, with a 13% year-over-year increase in core revenue (total sales less the impact of acquisitions, divestitures and foreign cur
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Actuant Reports Improved Second Quarter Results; Updates Full Year Guidance
Badger Meter Reports Record Earnings and Earnings Per Share from Continuing Operations for 2010
MILWAUKEE–(BUSINESS WIRE)–Badger Meter, Inc. (NYSE: BMI) today reported results for the fourth quarter and full year ended December 31, 2010. Both earnings and earnings per share from continuing operations set new annual records for the company. Fourth Quarter 2010 Highlights Net sales were $64,843,000 for the fourth quarter of 2010, a 14.9% increase from sales of $56,436,000 for the fourth quarter of 2009. Earnings from continuing operations and net earnings were a record $6,258,000 for the f
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Badger Meter Reports Record Earnings and Earnings Per Share from Continuing Operations for 2010
Actuant Reports Improved First Quarter Results; Increases Fiscal 2011 Guidance
MILWAUKEE–(BUSINESS WIRE)–Actuant Corporation (NYSE: ATU) today announced results for its first quarter ended November 30, 2010. Highlights 71% year-over-year increase in diluted earnings per share from continuing operations (“EPS”) to $0.36 (excluding prior year special items – see attached reconciliation of earnings.) Core revenue growth (total sales less the impact of acquisitions, divestitures and foreign currency rate changes) of 14%. All four segments reported core sales growth, includin
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Actuant Reports Improved First Quarter Results; Increases Fiscal 2011 Guidance
Bemis Company Reports Strong 2010 Third Quarter Results
NEENAH, Wis.–(BUSINESS WIRE)–Bemis Company, Inc. (NYSE:BMS) today reported quarterly diluted earnings from continuing operations of $0.56 per share for the third quarter. Excluding the effect of special charges, diluted earnings per share from continuing operations, as adjusted, would have been $0.57 for the third quarter of 2010, in line with management’s guidance of $0.55 to $0.60 per share. This is an 18.8 percent increase compared to adjusted diluted earnings per share of $0.48 for the thi
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Bemis Company Reports Strong 2010 Third Quarter Results
Actuant Reports Fourth Quarter Results; Increases Fiscal 2011 Guidance
MILWAUKEE–(BUSINESS WIRE)–Actuant Corporation (NYSE: ATU) today announced results for its fourth quarter ended August 31, 2010. Highlights 82% year-over-year increase in diluted earnings per share from continuing operations (“EPS”) to $0.31 (excluding special items – see attached reconciliation of earnings.) Core revenue growth (total sales less the impact of acquisitions, divestitures and foreign currency rate changes) of 18%. Significant year-over-year core sales growth in Industrial and Eng
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Actuant Reports Fourth Quarter Results; Increases Fiscal 2011 Guidance
Bemis Company Reports 2010 Second Quarter Results
NEENAH, Wis.–(BUSINESS WIRE)–Bemis Company, Inc. (NYSE:BMS) today reported quarterly diluted earnings from continuing operations of $0.52 per share for the second quarter. Excluding the effect of special charges, diluted earnings per share from continuing operations, as adjusted, would have been $0.58 for the second quarter of 2010 compared to $0.50 for the second quarter of 2009, a 16.0 percent increase. Special charges include acquisition-related expenses and severance associated with workfo
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Bemis Company Reports 2010 Second Quarter Results
