Buhler Industries Reports 1st Quarter Earnings
Winnipeg, Manitoba
February 9, 2009

Buhler’s 1st Quarter Net Income Increases

Net earnings increased to $4.4 million ($0.18 per share on 25 million shares) compared with $1.2 million ($0.05 per share on 25 million shares) last year.

3 months to December 31, 2008 Year ago
Revenue $57,097,000 $32,400,000
Net profit $4,429,000
$1,203,000
Net profit / share $0.18 $0.05

1st Quarter-end Revenue Up

Revenue is up 76% to $57.1 million compared with $32.4 million last year. The increasing demand for high horsepower tractors in overseas markets and North America had a positive impact on revenue.

1st Quarter-end Earnings Up

New earnings for the 1st quarter ending December 31st, 2008 were $4.4 million compared with $1.2 million last year. Gross profit was $11,648,000 (20.4% of sales) for 2008 compared to $6,360,000 (19.6% of sales) last year. The number of shares outstanding remains at 25 million.

Complete Financial Statement

Contact

Willy Janzen, Chief Financial Officer
Phone: (204) 654-5718
E-mail:?wjanzen@buhler.com

Trading symbol: BUI

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