Collins tallies fiscal figures, declares dividend

Sept. 1, 2006
Collins Industries Inc has reported results for its fiscal 2006 third quarter. Sales for the quarter ended July 31, 2006, increased 11% to a third-quarter record $89.2 million

Collins Industries Inc has reported results for its fiscal 2006 third quarter. Sales for the quarter ended July 31, 2006, increased 11% to a third-quarter record $89.2 million, compared with $80.6 million for the same period a year earlier. The company's net income in the 2006 third quarter rose to $3.5 million, versus $1.6 million for the same period a year ago.

Sales for the nine months ended July 31, 2006, climbed 19% to $229.5 million in contrast to $193.4 million for the same period a year earlier. Net income for the nine months ended July 31, 2006, advanced to $7.6 million from $0.90 million in the comparable period one year ago.

The company also has declared its 39th consecutive regular quarterly cash dividend. This dividend will be $0.05 per share, paid to shareholders of record as of Sept 6, 2006, and will be payable Sept 15, 2006.