Flexible Electronics News

Brady Corporation Reports Fiscal 2Q 2017 Results

Net debt was $37.7 million at Jan. 31, 2017 compared to $132.5 million at Jan. 31, 2016.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Brady Corporation reported its financial results for its fiscal 2017 second quarter ended Jan. 31, 2017.   Net earnings for the quarter ended Jan. 31, 2017, were $25.3 million compared to $15.3 million in the same quarter last year. Earnings per diluted Class A Nonvoting Common Share were $0.49 for the quarter ended Jan. 31, 2017, compared to $0.30 in the same quarter last year.   Sales for the quarter ended Jan. 31, 2017, decreased 0.2% to $268.0 million compared to $268.6 million in the sa...

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