Tuesday 29. January 2008
Baldwin Reports Increased Sales and Backlog for Q2 FY08
Baldwin Technology Company, Inc. (AMEX: BLD), a leading global manufacturer of process automation technology for the printing industry, reported net sales for the second fiscal quarter ended December 31, 2007 of $57.9 million, compared to $48.2 million for the second quarter last year, an increase of 20%. Sales from acquired companies created most of the increase, but legacy Baldwin operations also registered organic growth. Currency translation favorably impacted sales by $3.2 million for the quarter.