Baldwin Technology Company, Inc. (AMEX: BLD) Shares Move Higher on Fourth Quarter and Fiscal Year 2008 Financial Results
Baldwin Technology Company, Inc. (AMEX: BLD), a leading global manufacturer of printing press accessories and controls for the commercial and newspaper printing industries, recently announced its financial results for the fourth quarter and fiscal year-end 2008. Baldwin Technology’s stock price moved higher earlier this week on the news of net sales surpassing $65.3 million, a year-over-year increase of $8.4 million or 14.8 percent, and net income of $3.1 million or $0.20 per diluted share, down slightly from the same period one year earlier. The company also reported net sales for the fiscal year ended June 30, 2008, which totaled $236.3…