Welcome to JSA Consultancy Services

A business consultancy, based in London, England, John Sacks' JSA Consultancy Services provides expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, North America, Australasia and Japan.

Herman Miller Reports Second Quarter 2009 Earnings in Line with Guidance

Thursday 18 December 2008

Herman Miller, Inc., today announced results for its second quarter of fiscal year 2009. Consolidated net sales for the quarter were $476.6 million, down 5.8% from the same period last year. Earnings per share were $0.60 for the quarter, down 10.4% from the prior year period. Year-to-date earnings of $1.20 per share were consistent with the same period of last year. Despite lower volumes and higher raw material input costs, operating earnings were a healthy 11.5% of net sales. The company generated $41.8 million in cash flow from operations for the quarter, ending with a cash balance of more than $166 million.

Brian Walker, Chief Executive Officer, stated, \"In the face of a challenging economy and tough prior year comparisons, we demonstrated our ability to deliver strong operating performance and the resiliency of our business model. Our people have done an exceptional job of managing cost and productivity, prioritizing activities that are crucial to serving our customers today, while continuing to invest in capabilities to fuel our long-term growth.\"


Subscribe to our News Page

Enter your email here and we will tell you when this page is updated.

 

 

moreLatest News

Tuesday 7 November 2017 Kimball reports Q1 results and unveils acquisition of D’style Inc.

(NASDAQ:KBAL) announced the following results for the quarter ended September 30, 2017: First qua

Tuesday 31 October 2017 Broadstock Office Furniture wins major university contract

Macclesfield-based Broadstock Office Furniture has won a major contract to furnish the University of

Sunday 22 October 2017 Martela Corporation: Martela's Outlook for 2017

MARTELA CORPORATION STOCK EXCHANGE RELEASE 23 OCT 2017 AT 5.00 P.M. The Martel

Sunday 22 October 2017 HNI Corporation Reports Earnings For Third Quarter Fiscal Year 2017

HNI Corporation (NYSE: HNI) today announced sales for the third quarter ended September 30, 2017 of

Contact Us

JSA Consultancy Services
4-5 Gray’s Inn Square, Gray’s Inn,
London, WC1R 5AH, England


+44 (0) 20 7688 1928