Buhler Industries Reports 2020 Year End Earnings : vimarsana

Buhler Industries Reports 2020 Year End Earnings


Buhler Industries Reports 2020 Year End Earnings
News provided by
Share this article
Revenue
Revenue for the year was $249.6, up 20.5 from sales of $229.1 in 2019. The Company's increased sales levels are as a result of dealers reducing field inventory in the previous year, strong harvest conditions and crop yields. Sales to North America have increased but were somewhat offset by sales in Eastern Europe and other international sales.
Year ending September 30, 2020
Year Ago
Net Earnings up for the Year
The net loss for the year was $25.8, an improvement of $3.7 from the loss in the prior year. In the current year the Company continued cost saving measures from the previous year that has resulted in continued improvements to gross margin and reductions in the loss from operations.  The Company was able to reduce interest expense by managing to reduce its inventory and accounts receivable.  In addition the Company reduced its R&D expenses during the period. The Company recorded a small gain on sale of capital assets of $0.5 as compared with the prior year gain of $19.4.

Related Keywords

United States , America , Willy Janzen , Buhler Industries Inc , North America , Eastern Europe , Chief Financial Officer , ஒன்றுபட்டது மாநிலங்களில் , அமெரிக்கா , வில்லி ஜான்சன் , பஹ்லர் தொழில்கள் இன்க் , வடக்கு அமெரிக்கா , கிழக்கு யூரோப் , தலைமை நிதி அதிகாரி ,

© 2025 Vimarsana