Brady Organic Sales Down 4.7% in Third Quarter - Modern Distribution Management

Log In

Brady Organic Sales Down 4.7% in Third Quarter

The manufacturer also announced plans to sell its Asia-based Die-Cut business.

Brady Corp. (NYSE: BRC), Milwaukee, WI, reported sales for the third quarter ended April 30, 2013, of $305.7 million, an increase of 11 percent compared to the same period a year earlier. Profit fell 84.7 percent to $4.2 million.

Organic sales fell 4.7 percent, acquisitions added 16.8 percent, and the impact of foreign currency translation decreased sales by 1.1 percent. By segment, organic sales decreased 2.9 percent in the Americas, 4.8 percent in EMEA and 11.6 percent in the Asia-Pacific region.

For the first nine months, sales for Brady Corp. were $856.4 million, an increase of 5.3 percent compared to the same period a year earlier. Profit was $22.7 million, compared to a year-ago loss of $29.6 million.

The manufacturer also announced plans to sell its Asia-based Die-Cut business. The business, with sales of $179 million for the year ended July 31, 2012, manufactures gaskets, meshes, heat dissipation materials, antennae, dampers, filters and similar products sold primarily into the electronics industry with a concentration in the mobile-handset and hard-disk drive industries.

Brady’s board of directors adopted a plan of sale for the business in order to focus on its Identification Solutions and Workplace Safety businesses. Brady will continue to operate the business as a going concern and execute its improvement plans while engaged in the divestiture process.

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.