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Net debt was $8.9 million at April 30, 2017 compared to $100.9 million at April 30, 2016, providing financial flexibility.
May 26, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Brady Corporation reported its financial results for its fiscal 2017 third quarter ended April 30, 2017. Sales for the quarter ended April 30, 2017, decreased 3.8% to $275.9 million compared to $286.8 million in the same quarter last year. Total organic sales decreased 1.9% and the impact of foreign currency translation decreased sales by 1.9%. By segment, organic sales decreased 0.8% in Identification Solutions and decreased 4.6% in Workplace Safety. Net earnings for the quarter end...
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