Acme posts Q3 results


20 October 2005 – Fairfield (CT): Acme United has announced its Q3 results. The company revealed net income of $200,000, or EPS of $0.05, compared to $1.017 million, or EPS of $0.26, a year earlier. Sales rose 16 per cent to reach $38.9 million.

During the quarter, the firm incurred a $1.5 million one-off charge for the demolition of its former manufacturing buildings in Bridgeport, Connecticut. Profits without this charge were up 12 per cent to $1.13 million, or EPS of $0.29.