Cascade Corporation Announces Financial Results for the First Quarter Ended April 30, 2005.

Business Wire › June 09, 2005

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Cascade Corporation Announces Financial Results for the First Quarter Ended April 30, 2005.

PORTLAND, Ore. -- Cascade Corporation (NYSE:CAE) today reported its financial results for the first quarter ended April 30, 2005.

Overview

--Net sales of $114.5 million for the first quarter of fiscal 2006 were 22% higher than net sales of $93.5 million for the prior year quarter.

--Net income of $12.2 million ($0.95 per diluted share) for the first quarter of fiscal 2006 was 49% higher than net income of $8.2 million ($0.65 per diluted share) for the prior year quarter.

First Quarter Fiscal 2006 Summary

--Summary financial results for the first quarter are outlined below (in thousands, except earnings per share):

Quarter ended April 30, 2005 2004 % Change --------------------------------------------------------------...

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