Brief: Buhler Industries reports Q1 loss per share $0.10

Buhler Industries

14/02/2017 14:15

Feb 14 (Reuters) - Buhler Industries Inc  BUI.TO  
    * Buhler industries reports 1st quarter earnings 
    * Q1 revenue c$47.1 million 
    * Qtrly loss per share $0.10 
    * Sales for 2017 are expected to be up slightly over 2016 
sales 
    * Demand for agricultural equipment continues to be slow 
resulting from lower commodity prices 
    * Buhler Industries Inc says weaker Canadian dollar 
continues to have a significant negative impact on company with 
parts purchased in US dollars 
    * Looking forward margin levels are still expected to be 
weak in due to competition for equipment sales, weaker Canadian 
dollar 
    * Profitability from operations is expected to increase 
during year resulting from actions taken by company to reduce 
cost 
 
Source text for Eikon:  ID:nCNW4l6VSa  
Further company coverage:  BUI.TO  
 
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