Minneapolis, MN, August 2, 2006—Floor maintenance equipment producer Tennant Co. in the second quarter reported a 37% increase in earnings due in part to strong international sales.
Th ecompany reported net earnings of $9.2 million, or $0.48 per share, up from $6.7 million, or $0.37per share, during the same period last year.
Revenue was up 10 percent to $151 million from $137.1 million a year ago. Quarterly sales in Europe rose 14 percent to $35.1 million, while sales in North America grew 9 percent to $101.1 million.
