Flexible Electronics News

Brady Corporation Reports Fiscal 1Q 2021 Results

Net sales were $277.2 million, down from $286.9 million in 1Q 2019, while cash flow from operating activities was up 61.8% to $62.8 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Brady Corporation reported its financial results for its fiscal 2021 first quarter ended Oct. 31, 2020.   Sales for the quarter ended Oct. 31, 2020, were $277.2 million compared to $286.9 million in the same quarter last year. Sales for the quarter declined 3.4%, which consisted of an organic sales decline of 4.9% and an increase of 1.5% from foreign currency translation.   By segment, sales declined 7.8% in Identification Solutions and increased 9.8% in Workplace Safety, which consisted...

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