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BUTLER EXPECTS TO REPORT PROFITS FOR 1993

 MONTVALE, N.J., Feb. 10 /PRNewswire/ -- Butler International, Inc. (NASDAQ: BUTL) announced today that it expects to report profits for 1993 after two consecutive years of losses. Butler is a leading domestic and international contract technical services and telecommunications services company. It is principally engaged in the location, recruitment and hiring on a wide variety of skilled engineers and technical personnel to provide services, on a temporary or project basis, to industrial corporations and other organizations throughout the U.S. and abroad. Although the results for 1992 are not yet audited, Butler's net sales are expected to be $276.0 million with a net loss of approximately $4.7 million, or $1.06 per share.
 Edward M. Kopko, chairman and chief executive officer, stated that although first quarter demand for the company's services is seasonally the weakest of the year, the company anticipates a net sales increase of 20 percent in the first quarter of 1993 over the previous year. Net sales of the company for the last half of 1992 were 23 percent higher than the previous year (20 percent and 27 percent higher in the third and fourth quarters, respectively). It also said it expects to report a small profit for the first quarter vs. a net loss of $1.1 million or 24 cents per share in the first quarter of 1992. Kopko said: "Continued internal sales growth coupled with improved product mix and expense reductions should enable Butler to report better profit performance for the current year and beyond."
 -0- 2/10/93
 /CONTACT: Raymond J. Lacroix of Butler International, 201-573-8000/
 (BUTL)


CO: Butler International, Inc. ST: New Jersey IN: TLS SU: ERP

CH -- NE003 -- 5071 02/10/93 10:31 EST
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Publication:PR Newswire
Date:Feb 10, 1993
Words:286
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