Banta Announces Upbeat Sales Figures for 2000
The print production firm's sales for 2000 increased 16 percent from the prior year. Sales reached $1.49 billion compared with the previous year's $1.28 billion. Also, sales during the final quarter jumped 20 percent compared with the year-ago quarter.
Banta, Menasha, WI, had operational earnings for the year of $115 million, an 11 percent increase over 1999's $103 million. Also, net earnings for 2000 totaled $58.7 million compared with the previous year's $54.5 million.
The company's stock, which was about $20 per share in January 1999, has also improved. Banta's stock hovered just above $25 per share this week.