Flexible Electronics News

Brady Corporation Reports Fiscal 2021 2Q Results

Net cash provided by operating activities was $36.1 million in 2Q 2021 compared to $14.3 million in 2Q 2020.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Despite sales growth in Workplace Safety, Brady Corporation showed a slight decline in revenue and income during its fiscal 2021 second quarter ended Jan. 31, 2021.   Sales for the six-month period ended Jan. 31, 2021 declined 3.6% to $543.1 million, an organic sales decline of 5.6%. By segment, sales declined 6.6% in Identification Solutions and increased 5.2% in Workplace Safety.   Net income for the six-month period ended January 31, 2021, declined 9.4% to $64.3 million compared to $7...

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