Record High Adjusted Earnings Per Share
Brady Corporation reported a new record high adjusted earnings per share, growing by 11.9% from $1.09 to $1.22.
Strong Organic Sales Growth in Americas and Asia
The Americas and Asia regions reported excellent organic sales growth of 5.4% and adjusted operating income growth of 20.2%.
Acquisition of Funai's Microfluidic Business
Brady Corporation acquired Funai's microfluidic business to enhance their custom part marking portfolio, indicating strategic growth in their product offerings.
Increased Investment in R&D
Investment in R&D increased by 8.5% this quarter, reflecting Brady's commitment to new product development and innovation.
Launch of New Products
The I6100 industrial desktop label printer and the HH86 handheld RFID reader were launched, showcasing Brady's continued product innovation.