UNITED STATIONERS REPORTS RECORD 2005

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UNITED STATIONERS REPORTS RECORD 2005

 user 2006-02-22 at 9:18:00 am Views: 43
  • #14601

    United reports record 2005
    February 2006 – Des Plaines (IL): United Stationers has posted record sales and earnings for 2005.  
    The
    wholesaler said net sales for 2005 were $4.4 billion, up 10.5 per cent
    from $4 billion a year earlier. Net income for 2005 was $97.5 million,
    an increase of 8.4 per cent from $90 million in 2004. A 2005 EPS of
    $2.90 was up 9.4 per cent compared to an EPS $2.65 in 2004.
    Looking
    ahead, CEO Dick Gochnauer said: “We are looking forward to achieving a
    strong financial performance in 2006. Sales to date are up
    approximately 10 per cent over the same period last year. Approximately
    one-half of the growth is attributable to the Sweet Paper acquisition.
    Our long-term goals continue to be to achieve sales growth in the range
    of 6 per cent to 9 per cent and annual EPS increases of 12 per cent to
    15 per cent over the prior year.