Buhler Industries Reports 1st Quarter Earnings
Winnipeg, Manitoba
January 22, 2002

3 months to December 31, 2000 Year ago
Revenue $55,395,000
Net profit $2,950,000
Net profit / share $0.13 $0.11

Revenue Down 6.4%

First quarter revenue decreased 6.4% to $55 million compared with $59 million last year. The decrease is a result of the continued sluggishness of the farm economy.

Net Earnings Up 12.4%

First quarter earnings increased by 12.4% to $2.9 million or $0.13 per share compared with $2.6 million or $0.11 per share last year. The number of shares outstanding is 23.5 million compared to 24.2 million last year.


The Company increased its’ annual dividend for the ninth consecutive year from $0.10 to $0.11 per share. The dividend will be paid on January 28th, 2002, to shareholders of record on December 20th, 2001.

Complete Financial Statement


Craig Engel - President
Phone: (204) 228-6206
E-mail: cengel@buhler.com

Trading symbol: BUI