Herman in Q3 boost


Herman Miller has posted an upbeat Q3, with sales up 16 per cent from the year-ago period, and a significant improvement in orders and backlog.

Net earnings were $16.8 million, or EPS of $0.24, an increase of 115.4 per cent over $7.8 million recorded in 2004.

Sales came in at $382.4 million, up 16 per cent from last year.

CFO Beth Nickels said: "Exceptional performance in December helped us exceed our sales forecast for the quarter. Heading into the quarter we had a large backlog of government and commercial business that drove our highest monthly sales results in a number of years."