United reports record 2005
February 2006 – Des Plaines (IL): United Stationers has posted record sales and earnings for 2005.  
The wholesaler said net sales for 2005 were $4.4 billion, up 10.5 per cent from $4 billion a year earlier. Net income for 2005 was $97.5 million, an increase of 8.4 per cent from $90 million in 2004. A 2005 EPS of $2.90 was up 9.4 per cent compared to an EPS $2.65 in 2004.
Looking ahead, CEO Dick Gochnauer said: “We are looking forward to achieving a strong financial performance in 2006. Sales to date are up approximately 10 per cent over the same period last year. Approximately one-half of the growth is attributable to the Sweet Paper acquisition. Our long-term goals continue to be to achieve sales growth in the range of 6 per cent to 9 per cent and annual EPS increases of 12 per cent to 15 per cent over the prior year.”

Its Free! Click Here to Share your Success Stories with Tonernews.com and We'll Publish it for You!