Buhler Industries Inc.
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Tractors Augers Balers Front End Loaders Compact Implements Mowers Rear Blades Snowblowers Wheel Loaders



Attention Business/Financial Editors : FOR IMMEDIATE RELEASE

BUHLER INDUSTRIES REPORTS 2ND QUARTER EARNINGS

WINNIPEG, Manitoba
April 21, 2005

3 Months ended March 31, 2005

Q2      2005

Q2      2004
   
Revenue $63,989,000 $62,634,000
Net profit 4,078,000 3,915,000
Net profit/share 0.16 0.16
 
 
6 Months ended March 31, 2005
   
Revenue $109,800,000 $104,937,000
Net profit 5,725,000 6,008,000
Net profit/share 0.23 0.25

Revenue Increased
Revenue for the second quarter increased by 2.2% to $64.0 million compared with $62.6 million last year. Revenue for six months increased by 4.6% to $109.8 million compared with $104.9 million last year.

Net Earnings Increased
Net earnings for the second quarter increased by 4.2% to $4.1 million or $0.16 per share compared with $3.9 million or $0.16 per share last year. Net earnings for six months decreased to $5.7 million or $0.23 per share compared with $6.0 million or $0.25 per share last year.

Looking Forward
Our current order backlog varies from product to product and ranges from "stronger than normal" to "weaker than normal". Due to the uncertain, long term reaction of our customers to our increased 2005 prices, we continue to forecast flat or slightly improved annual revenues in spite of the increases we experienced during the first two quarters of this year.

Contact : Craig Engel (204) 228-6206
Email : cengel@buhler.com
Website : http://www.buhler.com
Complete Financial Statement: http://www.buhler.com/sitefiles/finance/reports/05/2005Q2.pdf
Trading Symbol : BUI

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