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Net debt was $49.7 million at Oct. 31, 2016, providing flexibility for future investments.
November 17, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Brady Corporation reported its financial results for its fiscal 2017 first quarter ended Oct. 31, 2016. Net earnings for the quarter ended Oct. 31, 2016, increased 20.6% to $22.6 million compared to $18.7 million in the same quarter last year. Earnings per diluted Class A Nonvoting Common Share increased 18.9% to $0.44 for the quarter ended Oct. 31, 2016, compared to $0.37 in the same quarter last year. Sales for the quarter ended Oct. 31, 2016, decreased 1.0% to $280.2 million compared...
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