Brief: Kimball receives cash proceeds of $1.6 million related to the sale of a jet

Kimball International

16/03/2015 14:12

March 16 (Reuters) - Kimball International Inc  KBAL.O : 
 * Received cash proceeds of $1.6 million related to sale of a jet which was 
   sold as part of restructuring plan - SEC filing 
 * Says company expects to realize pre-tax annual savings of $0.8 million as a 
   result of the sale of this jet 
 * Sale resulted in a $0.2 million pre-tax gain which partially offsets the 
   impairment recorded in a previous quarter 
 
 * Source text: http://1.usa.gov/1BJnBaP 
 * Further company coverage  KBAL.O   
((Bengaluru Newsroom; +1 646 223 8780))