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ROBBINS & MYERS REPORTS FISCAL YEAR-END RESULTS

 DAYTON, Ohio, Oct. 6 /PRNewswire/ -- Robbins & Myers (NASDAQ: ROBN) today reported its financial results for the fourth quarter and the fiscal year ended Aug. 31, 1993.
 For the quarter, sales were $20.9 million, a 16 percent increase over the $18 million reported for the same period last year. Sales for the fiscal year ended Aug. 31, 1993 were $85.1 million, 12.6 percent higher than the $75.6 million for fiscal 1992.
 The company reported that in the fourth quarter it adopted, retroactive to the beginning of the year, the accounting standards FAS 106 (post retirement health benefits) and FAS 109 (deferred taxes) and it has taken a one-time charge of approximately $950,000 associated with restructuring the company's European operations. With the effect of these transactions, the company reported net income of $348 thousand for the fourth quarter compared to $1.8 million for the 1992 fourth quarter. For the fiscal year, there was a net loss of $1.8 million compared to net income of $7.9 million for fiscal 1992.
 It is important to note, however, that pre-tax earnings prior to the restructure charge and the effect of the adoption of FAS 106 and 109 were $10.7 million compared to $9.8 million for 1992.
 Earnings per share were reported at $.07 for the quarter and a loss of $.35 for the year which compares to $.35 and $1.50, respectively, last year.
 "We were pleased with our overall performance in both sales and earnings before the adjustment for the restructuring and the effect of FAS 106 and 109," said Daniel W. Duval, president and CEO. "This improvement was led primarily by a very strong performance from our oilfield products business."
 Duval stated, "Addressing FAS 106 and 109 this yeaw?s us to get these issues behind us. Also, in order to remain competitive in the European market, it became necessary to address the high cost structure in Belgium." Duval continued, "We are now positioned well for fiscal 1994 with a backlog of $20 million and a very strong balance sheet."
 The company also announced its board of directors approved payment of $.0625 per share dividend payable to shareholders of record as of Oct. 15, 1993.
 Robbins & Myers, Inc. is an international manufacturer and marketer of high value, superior quality fluid management products and systems for a variety of applications in the process industries: oil and gas recovery, waste water treatment, chemical, food, pharmaceutical, pulp and paper, mining, and energy recovery. Headquartered in Dayton, Ohio, Robbins & Myers has facilities in the United States, Canada, Europe and Singapore.
 The company's shares are traded on the NASDAQ/NMS under the symbol ROBN.
 ROBBINS & MYERS, INC.
 FOURTH QUARTER 1993
 COMPARATIVE FINANCIAL HIGHLIGHTS
 Three Months Ended
 Aug. 31 Aug. 31
 1993 1992
 Net sales $20,886,000 $18,033,000
 Income before income taxes 956,000(A) 1,948,000
 Income taxes 608,000 110,000
 Income before cumulative effect of
 accounting changes 348,000 1,838,000
 Cumulative effect of accounting
 changes --- ---
 Net (loss) income $348,000 $1,838,000
 Income (loss) per share
 Primary
 Income before cumulative effect of
 accounting changes $0.07 $0.35
 Cumulative effect of accounting
 changes --- ---
 Total $0.07 $0.35
 Assuming full dilution
 Income before cumulative effect of
 accounting changes $0.07 $0.35
 Cumulative effect of accounting
 changes --- ---
 Total $0.07 $0.35
 Average common shares outstanding,
 including dilutive shares 5,271,000 5,230,000
 Unfilled orders $20,248,000 $12,210,000
 Twelve Months Ended
 Aug. 31 Aug. 31
 1993 1992
 Net sales $85,057,000 $75,588,000
 Income before income taxes 9,746,000(A) 9,832,000
 Income taxes 3,569,000 1,959,000
 Income before cumulative effect of
 accounting changes 6,177,000 7,873,000
 Cumulative effect of accounting
 changes (8,018,000) ---
 Net (loss) income ($1,841,000) $7,873,000
 Income (loss) per share
 Primary
 Income before cumulative effect of
 accounting changes $1.18 $1.50
 Cumulative effect of accounting
 changes (1.53) ---
 Total ($0.35) $1.50
 Assuming full dilution
 Income before cumulative effect of
 accounting changes $1.17 $1.50
 Cumulative effect of accounting
 changes (1.52) ---
 Total ($0.35) $1.50
 Average common shares outstanding,
 including dilutive shares 5,271,000 5,241,000
 Unfilled orders $20,248,000 $12,210,000
 (A) -- Includes a Restructure Provision of $950,000.
 -0- 10/6/93
 /CONTACT: Hugh E. Becker, director, corporate relations, of Robbins & Myers, 513-225-3335/
 (ROBN)


CO: Robbins & Myers, Inc. ST: Ohio IN: MAC SU: ERN DIV

BM-AR -- CL002 -- 9233 10/06/93 09:55 EDT
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Date:Oct 6, 1993
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