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Published on 7/21/2006 in the Prospect News Distressed Debt Daily.

Werner posts $1.67 million June operating loss

By Jennifer Lanning Drey

Eugene, Ore., July 21 - Werner Holdings Co. (DE) Inc. reported a $1.66 million June operating loss on sales of $23.89 million, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

The net loss for June was $5.57 million.

Cash and cash equivalents on June 30 were $30.00 million.

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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