William H. Sadlier, Inc. Announces Results for Year Ended December 31, 2009 and Dividend
25 März 2010 - 6:46PM
Business Wire
William H. Sadlier, Inc. (“Sadlier”) (OTCPNK:SADL), a leading
publisher of educational and catechetical materials, today reported
annual net income of $4,030,000 for 2009 compared to $2,311,000 of
net income reported in 2008, representing a 74.0% increase over the
prior year's annual results. Net sales decreased to $53,358,000
compared to $54,588,000 in 2008. On a fully diluted per share
basis, Sadlier earned $4.85 for the year 2009 compared to $2.76 per
share earned for the full year 2008. Average common shares
outstanding on a fully diluted basis was 831,213 in 2009 compared
to 836,648 in 2008.
William H. Sadlier, Inc. also announced today that it’s Board of
Directors, at its meeting on March 23, 2010, declared a dividend of
$1.25 per share of its Common Stock to holders of record as of May
17, 2010, payable on June 18, 2010.
About Sadlier
William H. Sadlier, Inc. is a recognized and respected publisher
of print and online educational materials for public and nonpublic
schools, and catechetical materials for Catholic schools and parish
communities. Since 1832, Sadlier’s tradition of quality and
excellence in publishing has been nurtured by the vision, integrity
and dedication of the same family.
The statements contained in this press release contain certain
forward-looking statements, including statements regarding
Sadlier’s expectations, intentions, strategies, and beliefs
regarding the future. All statements contained herein are based
upon information available to Sadlier’s management as of the date
hereof and actual results may vary based upon future events, both
within and without the control of Sadlier’s management.
William H Sadlier (CE) (USOTC:SADL)
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