YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Net income totaled $147,000, representing a $1.9 million decrease from first-quarter 2005. Net sales were $25.5 million, down from $32.8 million the same quarter last year.
The company’s backlog increased during the quarter, as company officials predicted it would after it was nearly depleted in the first quarter due to faster and more efficient shipping methods. Backlog was $46.4 million, up from $37 million at the end of last year.
On May 1, the company also declared a 60-cent-per-share cash dividend payable June 9 to shareholders of record May 15.
Shares of Paul Mueller stock (OTC: MUEL.PK) closed May 1 at $35.75.[[In-content Ad]]
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