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Werner posts $3.69 million August operating loss
By Caroline Salls
Pittsburgh, Sept. 20 - Werner Holdings Co. (DE) Inc. reported a $3.69 million August operating loss on sales of $34.47 million, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.
The figures compare to a $5.89 million July operating loss on sales of $29.05 million.
The net loss for August was $10.35 million, an improvement from an $11.40 million July net loss.
Cash and cash equivalents on Aug. 31 were $25.92 million, compared with $27.95 million at the end of July.
Werner, a Greenville, Pa., manufacturer and distributor of ladders, climbing equipment and ladder accessories, filed for bankruptcy on June 12. Its Chapter 11 case number is 06-10578.
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