Baldwin Announces Results for Second Quarter FY2012

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By: World of Print


The Company reported second quarter net sales of $39.3 million from continuing operations, a decrease of $2.0 million, or 4.8%, from net sales from continuing operations of $41.3 million for the second quarter of the prior year. Currency translation had a $0.6 million favorable impact on sales in the current quarter.

Orders in the 2012 second fiscal quarter were approximately $37.6 million, a decrease of 11.9% compared to orders in the second quarter of fiscal year 2011. Currency translation had a $0.1 million favorable impact on orders in the quarter. Backlog as of December 31, 2011 was $34.6 million compared to $33.3 million a year earlier, an increase of 3.7%, and $36.2 million at September 30, 2011, a decrease of 4.6%.































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