Flexible Electronics News

Brady Corporation Reports Fiscal 2014 Fourth Quarter Results and Impairment Charges, and Announces Executive Appointments

Fourth quarter organic revenue growth was 1.1 percent

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Brady Corporation reported its financial results for the fiscal 2014 fourth quarter ended July 31, 2014. Sales from continuing operations for the quarter ended July 31, 2014 increased 2.0% to $316.7 million compared to the fourth quarter of fiscal 2013. Total organic sales increased 1.1%. By segment, organic sales were up 1.2% in Identification Solutions and 0.9% in Workplace Safety. During the fourth quarter ended July 31, 2014, the company recorded an impairment charge of $148.6 million ...

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