Buckeye Technologies.Current results for the second quarter of 2000 are available from roll goods supplier Buckeye buckeye: see horse chestnut. buckeye Any of about 13 trees and shrubs of the genus Aesculus (family Hippocastanaceae), native to North America, southeastern Europe, and eastern Asia. Technologies, Memphis, TN. Sales for the quarter of $183.7 million increased 25% versus $147.3 for the same quarter last year. Quarterly earnings were up 33% from $10.9 million in 1999 to $14.2 million in 2000. For the first six months of 2000, sales totaled $337.1 million, an 11% increase over last year's $303.5 million. Net income for the first half of this year--$27.6 million--was approximately ap·prox·i·mate adj. 1. Almost exact or correct: the approximate time of the accident. 2. 17% above 1999's $24.3 million. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Buckeye, the company's second quarter sales and earnings were at record levels as all of the company's businesses are gaining momentum and its integration of the Walkisoft acquisition has progressed more rapidly than anticipated. |
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