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Burnham Holdings, Inc. Announces Year 2020 Financial Results


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LANCASTER, Pa., Feb. 18, 2021 /PRNewswire/ Burnham Holdings, Inc., (OTC-Pink: BURCA), the parent company of multiple subsidiaries that are leading domestic manufacturers and sellers of boilers, and related HVAC products and accessories (including furnaces, radiators, and air conditioning systems), for residential, commercial and industrial applications, today reported financial results for the year ended December 31, 2020.
The following are some key highlights of our 2020 financial results:
Net sales were $ 187.5 million, a decrease of $ 24.8 million, or 11.7%, compared to 2019 as overall demand for residential and commercial heating equipment was adversely affected in the first half of the year by warmer than normal winter weather and impacts from the COVID-19 pandemic. ....

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