Bandag sales, earnings up in ´04

Muscatine, Iowa–Bandag Inc. reported measurable gains in net income for the fourth quarter and full year, as 2004 sales were up in both periods, largely on the strength of business from recent acquisitions.

Bandag reported lower tread rubber sales in North America–partially from the loss of business with the trucking firm Roadway Express–but sales overall were influenced positively by revenue from the quick-service lube business Speedco Inc. acquired in the first quarter.

Bandag reported net sales of $232.8 million in the quarter, up 3.1 percent from 2003….

To read more,please login or register below.

This is the first step to more free
content, user offers, subscriptions
and more.
Log in here using the Email Address
and Password you signed up with