William H. Sadlier, Inc. Announces Results for Year Ended December 31, 2011 and Dividend
May 31 2012 - 3:03PM
Business Wire
William H. Sadlier, Inc. (“Sadlier”) (OTCPNK:SADL), a leading publisher of educational and
catechetical materials, today reported annual net income of
$4,012,000 for 2011 compared to $3,512,000 of net income reported
in 2010. Net sales increased to $54,277,000 compared to $52,817,000
in 2010. On a fully diluted per share basis, Sadlier earned $5.11
for the year 2011 compared to $4.40 per share earned for the full
year 2010. Average common shares outstanding on a fully diluted
basis was 785,055 in 2011 compared to 798,179 in 2010.
William H. Sadlier, Inc. also announced that its Board of
Directors, at its meeting on April 25, 2012, declared a dividend of
$1.35 per share of its Common Stock payable on June 22, 2012 to
holders of record at the close of business on May 16, 2012.
About Sadlier
William H. Sadlier, Inc. is a recognized and respected publisher
of print, digital, and online educational materials for PreK–12
public and nonpublic schools, and catechetical materials for
Catholic schools, parishes, and families. Since 1832, Sadlier’s
tradition of quality and excellence in publishing has been nurtured
by the vision, integrity and dedication of the same family. Sadlier
School programs offer strong instructional support and are aligned
to Common Core State Standards so that educators can help students
reach their full potential in school and throughout life. Products
include Sadlier Phonics and Reading Program and such proven
programs as Vocabulary Workshop, Grammar Workshop, Grammar for
Writing, and Progress in Mathematics. Sadlier Religion programs
offer quality catechesis and sacramental preparation materials that
faithfully present the teachings of the Catholic Church. Sadlier’s
We Believe with Project Disciple catechetical series for K–8 and
other programs address the needs of Catholic schools, parishes, and
families, all with English and bilingual editions.
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