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Brady Corporation Reports Earnings for Fiscal 2009 Fourth Quarter and Year End.

Publication: Mergers & Acquisitions Week
Publication Date: 30-SEP-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Brady Corporation Reports Earnings for Fiscal 2009 Fourth Quarter and Year End.(Financial report)

Article Excerpt
Brady Corporation (NYSE:BRC) reported results for its fiscal 2009 fourth quarter and fiscal year ended July 31, 2009.

Sales in the fiscal 2009 fourth quarter were $287.2 million compared to $396.8 million in the fourth quarter of fiscal 2008. Organic sales declined 23 percent, acquisition growth was flat, and foreign currency translation reduced sales by 5 percent. Regionally, organic sales were down 25 percent in Europe, 24 percent in the Americas, and 15 percent in Asia/Pacific.

Net income for the fiscal 2009 fourth quarter was $19.2 million or $0.37 per diluted Class A Common share, compared to $34.8 million or $0.64 per share in the fourth...

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